Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 6x bonds (as a held-to-maturity investment) issued by PBS at a cost of $57,680, which is the par value. July 1 Receives first semiannual payment of interest from PBS bonds. Dec 31 Receives a check fron PBS in payment of principal ($57,688) and the second semiannual payment of interest. View transaction Mat Journal entry worksheet 2 3 > Purchases 5% bonds (as a held-to-maturity investment) issued by PBS at a cost of $57,600, which is the par value. Note: Enter debits before credits Date Credit General Journal Debt investments - AFS Debit 52,000 Jan. 1 52,000 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 6x bonds (as a held-to-maturity investment) issued by PBS at a cost of $57,608, which is the par value. July 1 Receives first semiannual payment of interest fron PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($57,688) and the second seniannual payment of interest. View transaction Mat Journal entry worksheet