Pharoah Company issues $275,000, 20-year, 6% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit
Enter an account title	enter a debit amount	enter a credit amount
Enter an account title	enter a debit amount	enter a credit amount
Enter an account title	enter a debit amount	enter a credit amount