On February 7 McGraw Company sold goods on account to Hill Enterprises for $2500 terms 2/10 n/30. On March 9 Hill gave McGraw a 60-day 10% promissory note in settlement of the account. Record the sale and the acceptance of the promissory note on the books of McGraw Company.

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The Answer of On February 7 McGraw Company sold goods on account to Hill Enterprises for $2500 terms 2/10 n/30. On March 9 Hill gave McGraw a 60-day 10% promissory note in settlement of the account. Record the sale and the acceptance of the promissory note on the books of McGraw Company.

On February 7 McGraw Company Sold Goods on Account to Hill