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1. On March 12, Linh company sold merchandise in the amount of $8,000 to Kente Company, with credit terms of 2/10, n/30. The cost of
1. On March 12, Linh company sold merchandise in the amount of $8,000 to Kente Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Prepare the March 12 journal entry or entries for Linh. Use the account names that you believe are appropriate Date Account Name Debit Credit 2. Prepare the March 12 journal entry or entries for Kento: the customer Use the account names that you believe are appropriate Date 1 Account name Debit Credit
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