Question: 2. June 30 - Record the first interest payment on June 30. Required information [The following information applies to the questions displayed below.] Dunphy Company

2. June 30 - Record the first interest payment on June

2. June 30 -

Record the first interest payment on June 30.

Required information [The following information applies to the questions displayed below.] Dunphy Company issued $42,000 of 9.5%,10-year bonds at par value on January 1 . Interest is paid semiannually each June 30 and December 31. repare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30 . Journal entry worksheet Note: Enter debits before credits

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