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- Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $115,000 par value on January
- Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $115,000 par value on January 1, 2020, at a price of $110,888. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31. 1. Prepare a straight-line amortization table for these bonds. (Round your answers to the nearest dollar amount.) Semiannual Unamortized Discount Carrying Value Period-End 1/01/2020 $ 6/30/2020 12/31/2020 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 4,112 $ 110,888
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