4 Chapter 10 Homework Question 4 of 11 > View Policies Current Attempt in Progress On July 31, 2020, Pharoah Company engaged Minsk Tooling Company to construct a special-purpose piece of factory machinery Construction begun immediately and was completed on November 1.2020. To help finance construction on July 31 Pharoan issunda 5278400. 3-year 12% note payable at Netherlands National Bank or which interest is payable each July 31. 5188.400 of the proceeds of the note was paid to Minsk on July 31. The remainder of the proceeds was temporarily invested in short-term marketable securities trading securities at 50% until November 1. on November 1, Pharoah made a hral $90.000 payment to Minsk. Other than the note to Netherlands, Pharsal's only outstanding ability at December 31, 2020. is a $32.000,8%. 6-year note payable, dated January 1 2017, on which interest is payable cach December 31, Calculate the interest revenue weighted average commulated expenditures, avoidable interest and totaliterest cost to be capitalized during 2020 Interest revenue $ Weighted average accumulated expenditures $ $ Avoidable interest $ Interest Capitalized $ e Textbook and Media List of Accounts Prepare the journal entries needed on the books of Pharoah Company at each of the following dates Credit accountities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts (1) July 31, 2020 (2) November 1, 2020 (3) December 31, 2020 Date Account Titles and Explanation Debit Credit To record the nato (To record the payment to Mirsk) (To record the payment to Minsk 12/31 eTextbook and Media List of Accounts Sove for Later Attempts: 0 of 4 used Submit Anmer