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Posted: **Tue Nov 16, 2021 9:12 am**

: 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 1 (12.05 KiB) Viewed 53 times

: 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 2 (57.52 KiB) Viewed 53 times

: 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 3 (49.67 KiB) Viewed 53 times

Duval 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