#1 please answer all parts (fill in all boxes). please read the questionumbers carefully! similar questions may already be posted to Chegg but they have slightly different numbers. i will give upvote/thumbs up for correct answer! thank you for your help!

*if you give me an email and ask for money I will report you*

Pharoah Company sells goods to Sunland Inc. by accepting a note receivable on January 2,2025. The goods have a sales price of $600,900 (cost of $460,000 ). The terms are net 30 . If Sunland pays within 5 days, however, it receives a cash discount of $10,900. Past history indicates that the cash discount will be taken. On January 28,2025, Sunland makes payment to Pharoah for the full sales price. Prepare the journal entries to record the sale and related cost of goods sold for Pharoah Company on January 2, 2025, and the payment on January 28, 2025. Assume that Pharoah Company records the January 2, 2025, transaction using the net method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline & & & \\ \hline & (To record sales) & & \\ \hline & & & \\ \hline & (To record cost of goods sold) & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Prepare the journal entries to record the sale and related cost of goods sold for Pharoah Company on January 2, 2025, and the payment on January 28, 2025. Assume that Pharoah Company records the January 2,2025, transaction using the gross method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record sales) (To record cost of goods sold)