question archive Wow how your responses and what was marked correct and incorrect from your previous attempt 19 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 $100
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Wow how your responses and what was marked correct and incorrect from your previous attempt 19 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 $100.000 par value on January 1, 2021, at a price of $103.920. The annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31 Part 2 of 3 25/5 otwarte Exercise 10-7 (Algo) Part 2 2. Prepare journal entries to record the first two interest payments (Round your answers to the nearest dollar amount) No Credit Date June 2021 De 4.000 + General Journal Blend interest expense Discount on bonds payable Cash OOO oo 2 100.000 December 31, 200 Bondinerest expense Discount on bonds pays Cash © ©