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Required Information Exercise 10-7 (Algo) Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below.) Duval Company

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Required Information Exercise 10-7 (Algo) Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below.) Duval Company issues four-year bonds with a $115,000 par value on January 1, 2021, at a price of $110.888. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31 Skipped Journal entry worksheet

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