Moss County Bank agrees to lend the Pharoah Company $395000 on January 1. Pharoah Company signs a $395000,6%,9 month note. The entry made by Pharoah Company on January 1 to record the proceeds and issuance of the note is Cash Interest Expense Notes Payable Cash Interest Expense Notes Payable Interest Payable Interest Expense Cash Notes Payable Cash 395000 17775 412775 395000 17775 395000 17775 17775 377225 395000 395000 Notes Payable 395000