Fidget Inc. sells two types of widgets: round fidgets and square fidgets. Round fidgets retail for $1 each, while square fidgets retail for $4 each.

On Dec 1^st 2021, their customer purchases 2000 round fidgets and 1500 square fidgets. The customer picks up the round fidgets on the date of sale and the square widgets are to be shipped on Jan 10^th 2021.

The customer pays with a two-year, $8,000 non-interest-bearing note. The market rate for similar notes is 5%.

Provide the journal entries recognized by Fidget Inc. on the date of the sale.