Duval Co. issues four-year bonds with a $108,000 par value on January 1, 2019, at a price of $103,920. The annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31.

Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.)

• Record the interest payment and discount amortization on June 30, 2019.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
June 30, 2019	Bond interest expense

• Record the interest payment and discount amortization on December 31, 2019.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
December 31, 2019

Prepare the journal entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded).

• Record the entry for maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded).

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2022