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Brief Exercise 8-9 1. On January 10, 2017, Pronghorn Corp sold merchandise on account to Tompkins for $7,210, terms n/30. 2. On February 9, Tompkins
Brief Exercise 8-9 1. On January 10, 2017, Pronghorn Corp sold merchandise on account to Tompkins for $7,210, terms n/30. 2. On February 9, Tompkins gave Pronghorn Corp a 7% promissory note in settlement of this account. Prepare the journal entry to record the sale and the settlement of the accounts receivable. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Credit 2. Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL
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