#5 Diaz Company issued $180,000 face value bonds on January 1, Year 1. The bonds had a 7% stated interest rate and a three-year term. Interest is paid in cash semi-annually, on June 30 and December 31, beginning in Year 1. The bonds were issued at face value. Record the: a. Bond issue b. Payment of interest on Jun 30, Year 1 c. Payment of interest on Dec 31, Year 1 Assets Cash Liabilities Stockholders' Equity Rev Exp Com Stk Ret Earn Copyright 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution with the prior written consent of McGraw-Hill Education.