Introduction to Accounting FINAL Question 6 (of 10) on January 1, 2013, Boston Enterprises issues bonds that have a s2.000,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months? Semiannual Cash Semiannual Par (maturity) Value Interest Payment Rate 100.000 5.0% 2,000,000 x 2. Prepare journal entries for the following. (a) The issuance of bonds on January 1, 2013. Credit General Journal Debit 2,000,000 Jan 01, 2013 Cash