Dunphy Company issued $14,000 of 7.0%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Analyze transactions by showing their effects on the accounting equationspecifically, identify the accounts and amounts (including + or ) for each transaction.

Required information [The following information applies to the questions displayed below.] Dunphy Company issued $14,000 of 7.0%, 10-year bonds at par value on January 1 . Interest is paid semiannually each June 30 and December 31. Analyze transactions by showing their effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction