Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $44,000, which is the par value. July 1 Receives first semiannual payment of interest from PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($44,000) and the second semiannual payment of interest. View transaction list Journal entry worksheet Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $44,000, which is the par value. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 1 Record entry Clear entry View general journal Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $44,000, which is the par value. July 1 Receives first semiannual payment of interest from PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($44,000) and the second semiannual payment of interest. View transaction list Journal entry worksheet Receives first semiannual payment of interest from PBS bonds. Note: Enter debits before credits. Date General Journal Debit Credit Jul. 1 Record entry Clear entry View general journal Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $44,000, which is the par value. July 1 Receives first semiannual payment of interest from PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($44,000) and the second semiannual payment of interest. View transaction list Journal entry worksheet Receives a check from PBS in payment of principal ($44,000) and the second semiannual payment of interest. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31 Record entry Clear entry View general journal