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On January 1,2022, Pharoah Company issued $265,500,8%,5-year bonds at face value. Interest is payable annually on January 1 . (a) Prepare the iournal entry to

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On January 1,2022, Pharoah Company issued $265,500,8%,5-year bonds at face value. Interest is payable annually on January 1 . (a) Prepare the iournal entry to record the issuance of the bonds. (Credit occount titles are outomatically indented when amount is entered. Do not indent manuallyd Prepare the journal entry to record the accrual of interest on December 31, 2022. (Credit account titles are outomatically indented when amount is entered. Do not indent manuolly) eTextbook and Media List of Accounts Attempts: 0 of 1 used (c) Prepare the joumal entry to record the payment of interest on January 1, 2023. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.)

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