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Pharoah Compary issued $600,000,9%,20-year bonds on January 1,2020 , at 102 . Interest is payable annually January 1 . Pharoah uses the straight-line method of

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Pharoah Compary issued $600,000,9%,20-year bonds on January 1,2020 , at 102 . Interest is payable annually January 1 . Pharoah uses the straight-line method of amortization and has a calendar vear end. Prepare all journal entries made in 2020 related to the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually, Record journal entries in the order presented in the problem. List all debit entries before credit entries.)

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