Chapter 7 Homework 7 Question 4 of 10 View Policies Current Attempt in Progress On December 31, 2020, Pharoah Co. performed environmental consulting services for Haydluke Co. Haydulce was short of cash, and Pharoah Co agreed to accept a $264.100 zero interest bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funck at a rate of 11%. Pharoah is much more creditworthy and has various lines of credit at ax Click here to view factor tablet Prepare the journal entry to record the transaction of December 31, 2020, for the Pharoah Co. Round present value factor calculations to 5 decimal places, eg: 125124 and final answers to decimal places ca. 5.275. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indersted when the amount is entered. Do not indent manual Date Account Titles and Explanation Debit Credit Dec 31 2020 eTextbook and Media List of Accounts Assuming Pharoah Cois fiscal year-end is December 31, prepare the journal entry for December 31, 2021. (Round answers to decimal places. e. 5.275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 2021 eTextbook and Media List of Accounts Assuming Pharoah Cos fiscal year-end is December 31, prepare the journal entry for December 31, 2022. ( no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit Dec 31 2022 To record interest revenue To record collection of nate) e Textbook and Media List of Accounts Safor Later Attempts: Dol 4 used sket Anwar