Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 5.5% bonds (as a held-to-maturity investment) issued by pes at a cost of $48,000, which is the par value. July 1 Receives first semiannual payment of interest from Ps bonds. Dec. 31 Receives a check from PBS in payment of principal ($48,000) and the second semiannual payment of interest. View transaction list View journal entry worksheet Debit No Credit General Journal Date 48.000 1 Jan. 1 Stock investments Cash 48,000 1,320 2 Jul. 1 Cash Interest revenue 1,320 49.320 3 Dec. 31 Cash Interest revenue 1,320 48,000