Prepare Garzon Company's journal entries to record the following transactions for the current year. January 1 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $44,800, which is the par value. June 30 Receives first semiannual payment of interest from PBS bonds. December 31 Receives a check from PBS in payment of principal ($44,800) 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 $44,800, which is the par value. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Bonds payable Record entry Clear entry View general Journal