Exercise 10-11 Pharoah Company issued $521,500 of 5-year, 6% bonds at 96 on January 1, 2019. The bonds pay interest annually. Your answer is partially correct. Try again. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) coast Ties and Your answer is incorrect. Try again. Compute the total cost of borrowing for these bonds. Total cost of borrowing Your answer is partially correct. Try again. Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Your answer is incorrect. Try again. Compute the total cost of borrowing for these bonds, assuming the bonds were issue a 102. Total cest of borrowing