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On January 6, Pharoah Co. sells merchandise on account to Harley Inc. for $11,000, terms...

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Accounting

On January 6, Pharoah Co. sells merchandise on account to Harley Inc. for $11,000, terms 110,n30. On January 16, Harley pays the amount due.
Prepare the entries on Pharoah Co.'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
image

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