M Chipl Ul Aps 51F Mostly ht-player/inder.html?launch Question 3 of 3 View Policies with file explorer in winx + estion/2 Current Attempt In Progress The balance sheet for Pharoah Consulting reports the following information on July 1, 2022 Long-term bes Bonds payable $1,200,000 Less: Discount on bonds payable 48,000 $1,152,000 -/34 E Pharoah decides to redeem these bonds at 101 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2022. (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 for the amounts.) Date Account Titles and Explanation July 1 eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer 2:39 PM 4/4/2022