[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
12/31/2010 $8111 $108,111
6/30/2011 7,300 107,300
12/31/2011 6,489 106,489


and prepare journal entries to record the issuance of bonds on 31 Dec 2010, the first payment on June 30, 2011 and the second interest payment on Dec 31, 2011