1.) You have 4 journal entries to log. The first one is completed.

Cash (CA) 233

Interest income (NI, SE) 233

Complete the other three.

a.) Recognized $213 of prepaid expenses as sales and marketing expense in the period.

b.) Recognized $2,745 in revenue for goods sold. Payment had previously been received for the goods.

c.) Sold inventory costing $8,111 for $10,777. Payment is due in three months. The inventory had been paid for previously.