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hop Required information Exercise 10-7 Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below.) Duval Co.
hop Required information Exercise 10-7 Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below.) Duval Co. issues four-year bonds with a $100,000 par value on January 1, 2019, at a price of $95,952. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31. Exercise 10-7 Part 2 2. Prepare Journal entries to record the first two interest payments. View transaction list Journal entry worksheet 2 1 Record the interest payment and discount amortization on June 30, 2019. Note: Enter debits before credits Generalural nahit Credit
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