Question: Exercise 10-15 Amortization table and bond interest expense LO P2 (The following information applies to the questions displayed below.) Duval Co. issues four-year bonds with

Exercise 10-15 Amortization table and bond interest expense LO P2 (The following information applies to the questions displayed below.) Duval Co. issues four-year bonds with a $104,000 par value on January 1, 2018, at a price of $99.960. The annual contract rate is 5%, and interest is paid semiannually on June 30 and December 31. Exercise 10-15 Part 2 & 3 2 & 3. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the interest payment and discount amortization on June 30, 2018. Note: Enter debits before credits Debit Credit Date Jun 30, 2018 General Journal Bond interest expense Discount on bonds payable 2.499 Cash art 2 of 2 Exercise 10-15 Part 2 & 3 2 & 3. Prepare journal entries to record the first two interest payments. (Round your answers to the nearest dollar am eBook View transaction list Hint Journal entry worksheet
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