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10 Required information art 2 of 2 Exercise 10-7 Straight-Line: Amortization table and bond interest expense LO P2 [The following information applies to the questions

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10 Required information "art 2 of 2 Exercise 10-7 Straight-Line: Amortization table and bond interest expense LO P2 [The following information applies to the questions displayed below.] pints Duval Co. issues four-year bonds with a $105,000 par value on January 1, 2019, at a price of $100,950. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31. Exercise 10-7 Part 3 eBook 3. Prepare the journal entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). Hint View transaction list Ask Journal entry worksheet References Record the entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2022 Record entry Clear entry View general journal

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