Exercise 15-08 Your answer is partially correct. Try again. The following are two independent situations 1. Pharuah Corporation redeemed 125,100 ace value, 8 bonds ur June 30 2020, at 105. June 30, 2020, at 98.The . The carr in value the bonds at he redemption date was S1 14 100. The bunds pay annual rtere and the interest pa payment due due un June 30 2020, has been made and recorded. yme 2. Tasu ve r redeemed $161 000 aue value. 13.50% bonds un carrying value u thu bunds a he re em on dele was S164 000. The bonds pay annual nteres and he i terest paymen due on June 30, 2020 has been r" de and rec 'ded For each independent situation above, prepare the appropriate journal entry for the redemption ot the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Credit remium on Donds Payable 6255 Bands Payabla Click if you would like to Show Work for this question: Modify Show Work