Pharoah Company issued $760,000, 8%, 10-year bonds on December 31, 2021, for $690,000. Interest is payable annually on December 31. Pharoah Company uses the straight-line method to amortize bond premium or discount. (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 Dec. 31, 2021 Debit Credit

Pharoah Company issued $760,000,8%,10-year bonds on December 31, 2021, for $690,000. Inter ast is payable annually on December 31. Pharoah Compary uses the straight-line method to amortire bond premium or discount. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are outomaticolly indented when amount is entered. Do not indent manually) Prepare the journal entry to record the paynent of interest and the discount amortimation on December 31, 2022. (Credit occount titles are outomoticolly indented when amount is entered. Do not indent manually. Prepare the journal entry to record the redeinption of the bonds at maturity, assuming interest for the last interest period has been paid and recoirded. (Credit account titles are automatically indented when amount is entered. Do not indent manuelly)