On July $1,2025,$ Skysong Inc. made two sales.

cost of $$599,000.$

It rendered services in exchange for a $3\%,8-$year promissory note having a face value of $$403,240($interest payable annually$).$

money at $12\%$ interest.

when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

No$.$

Date

Account Titles and Explanation

July $1,2025$

July $1,2025$

Debit

Credit