Prepare Garzon Company's journal entries to record the following transactions for the current year January 1 Purchases 10% bonds (as a held-to-naturity investment) issued by PBS at a cost of $55,200, which is the par value. June 30 Receives first seniannual payment of interest from PBS bonds. December 31 Receives a check from PBS in payment of principal ($55,200) and the second semiannual payment of interest. View transaction list Journal entry worksheet 1 2 3 Purchases 10% bonds (as a held-to-maturity investment) issued by PBS at a a cost of $55,200, which is the par value. Note: Enter debits before credits General Journal Debit Credit Dato January 01 Record entry Clear entry View general Journal