Madrid Company plans to Issue 14% bonds with a par value of $5,200,000. The company sells $4,680,000 of the bonds at paron January 1. The remaining $520,000 sells at par on July 1. The bonds pay interest semiannually on June 30 and December 31, 1. Record the entry for the first interest payment on June 30 2. Record the entry for the July 1 cash sale of bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record the entry for the first interest payment on June 30. View transaction list Journal entry worksheet Record the entry for somannual interest paid Not Enter debits for credit General Journal Debia Credit Date June 30 Required 1 Required 2 Record the entry for the July 1 cash sale of bonds. View transaction list Journal entry worksheet