Duval Company issues four-year bonds with a $100,000 par value on January 1, 2021, at a price of $95,952. The annual con
Posted: Tue Nov 16, 2021 9:12 am
Company issues four-year bonds with a $100,000 par value on January 1, 2021, at a price of $95,952. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31.
View transaction list Journal entry worksheet < 1 2 > Record the interest payment and discount amortization on June 30, 2021. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2021 Record entry Clear entry View general journal
Journal entry worksheet < 1 2 > Record the interest payment and discount amortization on December 31, 2021. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal
Duval View transaction list Journal entry worksheet < 1 2 > Record the interest payment and discount amortization on June 30, 2021. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2021 Record entry Clear entry View general journal
Journal entry worksheet < 1 2 > Record the interest payment and discount amortization on December 31, 2021. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal