Required information [The following information applies to the questions displayed below.) Dunphy Company issued $20,000 of 8.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31. Analyze transactions by showing their effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Assets Liabilities Equity increases by or Equity decreases by Date Jan 1 June 30 20,000 - Bonds payable 20,000 Cash Cash