Question: do the remaining journal entries Prepare an amortization schedule for the bond. (Round answers to 2 decimal ploces, es. 52.75.) Prepare an amortization schedule for

do the remaining journal entries

(Round answers to 2 decimal ploces, es. 52.75.) Prepare an amortization schedule

for the bond. (Round arowers to 2 decimal ploces e. 3.52 .75

$\). ) Prepare the journal entries on the books of Pharoah Corporation$

for each of the following dates. (Round answers to 2 decimal required,

select "No Entry" for the account tities and enter O for the

Prepare an amortization schedule for the bond. (Round answers to 2 decimal ploces, es. 52.75.) Prepare an amortization schedule for the bond. (Round arowers to 2 decimal ploces e. 3.52 .75 \). ) Prepare the journal entries on the books of Pharoah Corporation for each of the following dates. (Round answers to 2 decimal required, select "No Entry" for the account tities and enter O for the omounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries) - January 1.2023 , June 30,2023 - Octaber 31.2023 - December 31,2023 - Derember 31,2025 (two entries) one for interest and one for maturity of bond On January 1,2023, Pharoah Corporation purchased a newly issued $1,625,000 bond. The bond matured on December 31. 2025, and paid interest at 6% every June 30 and December 31 . The market interest rate was 8%. Pharoah's fiscal year-end is October 31 , and the company had the intention and ability to hold the bond until its maturity date. The bond will be accounted using the amortized cost model. Clickhere to view Table A2 2-PRESENT VALUE OF 1 - (PRESENT VALUE OF A SINGLE SUM) Click here to view Table A.4 - PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 Calculate the price paid for the bond using a financial calculator or Excel functions. (Round answers to 2 decimal places, e.g. 52.75.) eTextbook and Media Assistance Used eTextbook Solution List of Accounts Question 1 of 5 18.41/20 i Dec 31,2023 Can 48750 Bond Investment at Amortized Cost 25154,21 Interest Receivable Interst Income Dec 31.202 Cash Bond Imestment at Amarized Cost Interest Receivable Interest income. (To record coltection of inferest.) 25154.21 Doc 31.2025: - Dec.31.2025

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