During 2021. Pharoah Company borrowed cash from Azores Enterprises by issuing notes payable as follows: 1 March 31, 2021, issued a one-year, 3.6% note for $110.000. Interest is payable quarterly, on June 30, September 30, and December 31, 2021, and March 31, 2022. Principal is payable at maturity. 2 June 1, 2021, issued a nine-month, 4.2% note for $80,000. Interest and principal are payable at maturity. 3. September 1, 2021, issued a three-month, 4.8% note for $28,000. Interest is payable monthly on the first day of the month. Principal is payable at maturity. Both Pharoah and Azores prepare adjusting entries on an annual basis. Pharoah has a September 30 fiscal year end. Azores' fiscal year end is October 31. Your answer has been saved. See score details after the due date. Prepare all necessary journal entries for Pharoah in 2021 and 2022 regarding the notes and interest, including adjusting entries. Prepare separate adjusting entries for each note if an adjustment is required. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit ENG Question 1 of 1 m/22 Prepare all necessary journal entries for Pharoah in 2021 and 2022 regarding the notes and interest, including adjusting entries Prepare separate adjusting entries for each note if an adjustment is required. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round omwers to the nearest whole dollar, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Record journal entries in the order presented in the problem.) Date Account Titles and Explanation > (Borrow cash and sign Note 1.) (Borrow cash and sign Note 2.) Debit Credit ENG IN 10-C