Required Information Exercise 10-7 Straight-Line: 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 $114,000 par value on January 1, 2019, at a price of $109,870. The annual contract rate is 5%, and Interest Is pald semiannually on June 30 and December 31. Exercise 10-7 Part 2 2. 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, 2019. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2019 Journal entry worksheet of 24 Next > Record the interest payment and discount amortization on December 31, 2019. Note: Enter debits before credits. General Journal Debit Credit Date December 31. 2019