Dunphy Company issued $48,000 of 6.5%, 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. Date January 1 June 30 Assets = Liabilities Equity

Dunphy Company issued $48,000 of 65%,10-year bonds at par value on January 1 . Interest is paid semiannually each June 30 and December 31 . inalyze transactions by showing their effects on the accounting equation-specifically, ldentify the accounts and amounts (including + r- for each transaction