On May 1, 2022, Pharoah Corp. issued $560,000, 6%, 5-year bonds at face value. The bonds were dated May 1, 2022, and pay interest annually on May 1. Financial statements are prepared annually on December 31. (a) 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.) Date Account Titles and Explanation Debit Credit May 1, 2022 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (b) Prepare the adjusting entry to record the accrual of interest on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31. 2022 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (c) Show the balance sheet presentation on December 31, 2022. (Enter account name only and do not provide descriptive information.) Pharoah Corp. Balance Sheet (Partial) $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (d) Prepare the journal entry to record payment of interest on May 1, 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit May 1, 2023 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (e) Prepare the adjusting entry to record the accrual of interest on December 31, 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31. 2023 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (f) Assume that on January 1, 2024, Pharoah pays the accrual bond interest and calls the bonds. The call price is 105. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2024 (To record payment of interest) Jan. 1, 2024 (To record redemption of the bonds)