Madrid Company plans to issue 7% bonds on January 1, 2017, with a par value of $4,600,000. The company sells $4.140.000 of the bonds at par on January 1, 2017. The remaining $460,000 sells at par on July 1, 2017. The bonds pay interest semiannually as of June 30 and December 31 1. Record the entry for the first interest payment on June 30, 2017 View transaction list Journal entry worksheet Record the entry for semiannual interest paid. Note Enter debits before credits General Journal Debit Credit Date 06/30/20173 Record entry Clear entry View general journal Journal entry worksheet Record the sale of bonds for cash on July 1, 2017. Note: Enter debits before credits. General Journal Date July 01 Debit Credit Record entry Clear entry View general journal