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Exercise 10-15 a-b Pharoah Company issued $460,000, 15-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on January

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Exercise 10-15 a-b Pharoah Company issued $460,000, 15-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount i Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS LINK TO TEXT Suppose the remaining Discount on Bonds Payable was $11,040 on December 31, 2027. Show the balance sheet presentation on this date. PHAROAH COMPANY Balance Sheet (Partial) $ $ Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT

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