Required Information (The following information applies to the questions displayed below) Duval Co. Issues fouryear bonds with a $120,000 par value on January 1, 2017 at a price of $115,830. The annual contract rate is 7% and Interest is pald semiannually on June 30 and December 31 2. Propare journal ontries to record the first two interest payments. (Round your answers to the nearest dollar amount) View transaction Journal entry worksheet Record the interest payment and discount amortization on June 30, 2017 Nontede De Jun 30, 2017 Required Information [The following information applies to the questions displayed below) Duvalo four your bonds with a $120,000 par value on January 1, 2017 at a price of $15.30. The annual contract rate is 7% and interest is paid semiannually on June 30 and Decomber 31 Part2 03 2. Prepare joumal entries to record the first two interest payments Round your answers to the nearest dollar amount) Veraction at Journal entry worksheet Record the interest payment and discount amortization on December 31, 2017 Debit Credit Dec 31, 2017 Recony Clary View general Journal