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 $53,600, wich is the par vatue. July 1 Receives first semiannuat paysent of interest from PBS bonds. Dec. 31 Receives a eheck from PBS in payment of principat (553,600) and the second semiannual payment of interest. Journal entry worksheet 3 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $53,600, which is the par value. Nata: Enter debits before credits. Journal entry worksheet 3 Receives first semiannual payment of interest from PBS bonds. Natant Fnter debits before credits. Journal entry worksheet 1 Receives a check from PBS in payment of principal ($53,600) and the second semiannual payment of interest. Note: Enter debits before credits