On May 2, Pharoah Company lends $8,000 to Chang, Inc., issuing a 6-month, 8% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts b and c are independent assumptions. (a) Prepare the entry to record the issuance of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Da te Account Titles and Explanation Debit Credit Ma y 2 enter an account title for the journal entry on May 2 enter a debit amount enter a credit amount enter an account title for the journal entry enter a debit amount enter a credit amount on May 21