Dunphy Company issued $50,000 of 7.0%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30. View transaction list Journal entry worksheet < 1 2 Record the issuance of the bonds. Note: Enter debits before credits. Date Jan 01 General Journal Debit Credit View general journal Record entry Clear entry