On february 9 ernst gave gonzalez co a 7 promissory note in


On January 10, 2010, Gonzalez Co. sold merchandise on account to Ernst for $6,000, terms n/30. On February 9 Ernst gave Gonzalez Co. a 7% promissory note in settlement of this account. Prepare the journal entry to record the sale and the settlement of the accounts receivable.

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Financial Accounting: On february 9 ernst gave gonzalez co a 7 promissory note in
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