Help Sa Required information Exercise 10-15 Straight-Line: Amortization and accrued bond interest expense LO P2 (The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $101,000 par value on January 1, 2017, at a price of $96,990. The annual contract 20 rate is 8%, and interest is paid semiannually on June 30 and December 31, Exercise 10-15 Part2 s 2. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest doller amount) View t Credit No General Journal 4,552 Jun 30, 2017 Bond 512 4.040 Discount on Cash 4,554 2 | Dec 3 1 , 201 7 | Bond interest expense 514 4,040 search