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Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $120,000 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 $120,000 par value on January 1, 2019, at a price of $115,830. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31 3. Prepare the journal entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded). View transaction ist View transaction list Journal entry worksheet 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 Date Dec 31, 2022 Debit Credit Record entry Clear entry View general Journal

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