On January $6,$ Pharoah Co$.$ sells merchandise on account to Harley Inc. for $$11,000,$ terms $\frac{1}{10},\frac{n}{30}.$ On January $16,$ Harley pays the amount due.

Prepare the entries on Pharoah Co$.\text{'}$s books to record the sale and related collection. $($Omit cost of goods sold entries.$)($Credlt 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 ahd Explanation

Debit

Credit

eTextbook and Media

List of Accounts