QS 15-6 Accounting for debt investments classified as held-to-maturity LO P2 Prepare Garzon Company's journal entries to record the following transactions for the current year, Jan. 1 Purchases 9+ bonds (an a held-to-naturity investment) inued by Prs at a cost of $53,600, which is the par value. July 1 Receives first semiannual payment of interest from PAS bonds. Dec. 31 Receives a check from PBS in payment of principal ($53,600) and the second semiannual payment of interest. View transaction list Journal entry worksheet