Pharoah Co. uses the gross method to record sales made on credit and a periodic inventory system. On July 1,2025 , Pharoah sold goods with a price of $84,000 to Sheffield Inc. with terms 2/10n/30. On July 9,2025 , Pharoah received full payment from Sheffield fo the July 1 sale. Prepare the required journal entries for Pharoah. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)