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Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $110,000 par value on January 1, 2019,

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Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $110,000 par value on January 1, 2019, at a price of $105,895. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31 2 37 3. Prepare the journal entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). View transaction list Journal entry worksheet 1 Record the entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). Note: Enter debits before credits. General Journal Debit Date Dec 31, 2022 Credit

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