On January 1, 2025, Pharoah Corporation issued $700,000 of 9% bonds, due in 8 years. The bonds were issued for $662,068, and pay interest each July 1 and January 1. Pharoah uses the effective-interest method. Prepare the company's journal entries for (a) the January 1 issuance, (b) the July 1 interest payment, and (c) the December 31 adjusting entry. Assume an effective-interest rate of 10%. (Round answers to 0 decimal places, eg. 38, 548 . If no entry is required, select "No Entry" for the occount tities and enter 0 for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)