On January 1, 2013, Boston Enterprises issues bonds that have a $1,750,000 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? Par (maturity) Value Semiannual Rate Semiannual Cash Interest Payment 2. Prepare journal entries for the following. (a) The issuance of bonds on January 1, 2013. View transaction list Journal entry worksheet