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The following are two independent situations. 1 Pharoah Corporation redeemed $125,100 face value 0% bonds on June 30, 2020 at 105. The carrying value of

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The following are two independent situations. 1 Pharoah Corporation redeemed $125,100 face value 0% bonds on June 30, 2020 at 105. The carrying value of the bonds at the redemption date was $114 100. The bonds pay annual interest and the interest payment due on June 30, 2020, has been made and recorded Tastove incredeemed $161.000 face value. 13.50% bonds on June 30, 2020, ut 98. The carrying value of the bonds at the redemption date was $164.000. The bonds pay annual interest, and the interest payment due on June 30, 2020 has been made and recorded 2. For each independent situation above, prepare the appropriate journal entry for the redemption of the bonds. (Credit accountities are automatically indented when amount is entered. Do not Indent manually

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