[tamaiki]

Jobbs Company issues 10%, five-year bonds, on December 31, 2012, with a par value of $100,000 and semiannual interest payments. Use the following straight-line bond amortization table:

Semiannual Period - End Unamortized Premium Carrying Value
(0) 12/31/2010 $8,111 $108,111
(1) 6/30/2011 7,300 107,300
(2) 12/21/2011 6,489 106,489

and prepare journal entries to record (a) the issuance of bonds on December 31, 2010; (b) the first interest payment on June 30, 2011; (c) the second interest payment on December 31, 2011.