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Prepare journal entries to record the following transactions entered into by the Pharoah Company: (Credit account titles are auton Indent manually. Record journal entries in

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Prepare journal entries to record the following transactions entered into by the Pharoah Company: (Credit account titles are auton Indent manually. Record journal entries in the order presented in the problem.) 2021 June 1 Nov. 1 Nov. 5 Nov. 9 Dec. 31 2022 June 1 Received a $12,000, 8%, 1-year note from Dan Gore as full payment on his account. Sold merchandise on account to Barlow, Inc., for $19,000, terms 3/10, 1/30. Barlow, Inc., returned merchandise worth $1,500. Received payment in full from Barlow, Inc. Accrued interest on Gore's note. Dan Gore honored his promissory note by sending the face amount plus interest. Date Account Titles and Explanation 2021 Debit Credit 2022

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