Current Attempt in Progress

On January $10,2025,$ Sheridan Co$.$ sold merchandise on account to Tompkins for $$8,200,$ terms $\frac{n}{30}.$ On February $9,$ Tompkins gave Sheridan 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. $($Omit cost of goods sold entries.$)($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit