On February 7, Jackson Company sold goods on account to Phillips Enterprises for $5,200, terms 2/10, n/30. On March 9 , Phillips gave Jackson a 60-day, 12\% promissory note in settlement of the account. Record the sale and the acceptance of the promissory note on the books of Jackson Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)