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On January 10, 2022, Pronghorn Corp sold merchandise on account to Tompkins for $ 7,210 , terms n/30. On February 9, Tompkins gave Pronghorn Corp

On January 10, 2022, Pronghorn Corp sold merchandise on account to Tompkins for $7,210, terms n/30. 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. Record journal entries in the order presented in the problem.)

Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
enter an account title to record the first transaction
enter a debit amount
enter a credit amount

enter an account title to record the first transaction
enter a debit amount
enter a credit amount
choose a transaction date
enter an account title to record the second transaction
enter a debit amount
enter a credit amount

enter an account title to record the second transaction
enter a debit amount
enter a credit amount

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