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eeeal s im Aacemt e Help I Brief Ex 10-16 (Part Level Submission) Pharoah Company issues $2.60 million, 10-year, 6% bonds amortize bond discount. at

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eeeal s im Aacemt e Help I Brief Ex 10-16 (Part Level Submission) Pharoah Company issues $2.60 million, 10-year, 6% bonds amortize bond discount. at 98, with interest payable on December 31. The straight-line method is used to Prepare the journal entry to record interest expense and bond discount amortization on 17, assuming no previous accrual of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Debit Attempts: 0 of 5 used SAVE FOR LATER SAUIT ANSWER 11:27 PM

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