Dunphy Company issued $32,000 of 7.0%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. QS 14-3 (Algo) Financial statement Impact of bond transactions LO P1 Analyze transactions by showing their effects on the accounting equation-specifically, identify the accounts and amounts (including + or-) for each transaction. Date January 1 June 30 Assets = Liabilities Equity