wiley.com Chapter 12 Homework Question 1 of 6 View Policies Current Attempt in Progress Pharoah Limited had the following transactions pertaining to debt investments Jan. 1,2020 Dec 31, 2020 Jan. 1. 2021 Purchased 65 (1.100 Petal Co, 8% bonds for 71.500 cash. Interest is payable annually on January 1. Accrued interest on the Petal Co. bonds Received interest on Petal Co. bonds Jan 1, 2021 Sold 30 Petal Co. bonds for 47.905 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account title and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation eTextbook and Media List of Accounts Debit ktbook and Media st of Accounts Prepare the adjusting entry for the accrual of interest at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation Dec. 31 Debit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 Using multiple attempts will impact your score 10% score reduction after attempt 1 9:41 PM Wed 21 Dec education.wiley.com Chapter 12 Homework Question 1 of 6 eTextbook and Media List of Accounts 48% I -/1 E Prepare the adjusting entry for the accrual of interest at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Debit eTextbook and Media List of Accounts Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 1 Attempts: 0 of 2 used Submit Answer D 9:41 PM Wed 21 Dec education.wiley.com Chapter 12 Homework Question 1 of 6 View Policies Current Attempt in Progress Pharoah Limited had the following transactions pertaining to debt investments. Jan. 1, 2020 Dec. 31, 2020 48% I -/1 ! Purchased 65 1,100 Petal Co. 8% bonds for 71,500 cash. Interest is payable annually on January 1. Accrued interest on the Petal Co. bonds. Jan. 1, 2021 Received interest on Petal Co. bonds. Jan. 1, 2021 Sold 30 Petal Co. bonds for 47,905. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit