Accounting Question please help!!

Question 45 Presented below are two independent situations. Assume thach company uses a periodic inventory system. 1. 2. On January 6, Pharoah Ca. sells merchandise an account to Pryor Company for $5,900, terms 2/10, /30. On January 16, Pryor Company pays the amount due. Pharoah Co. has no stated return policy. On January 10, D. Laskowski purchases $7,600 or merchandise from Flounder Co., terms 2/10, n/30. Flounder Co. has a stated return policy of 10 days from the date of retum and management estimates a return rate at 10%. D. Laskowski returns $500 of merchandise to Flounder on January 15. Flounder Co. charges its customers 1% per month on overdue amounts. On March 10, Flounder records interest on D. Laskowski's past duc account. On March 11, D. Laskowski pays his account in full. For item 1, prepare the entries on January 6 and January 16 on Pharoah Co.'s books. Ignore any inventory and cost of goods sold entries. (Credit account ttles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation Jan 6 (To record sale on account.) Jan. 16 (Collection on account within discount period.) Far item 2, prepare the entries required on January 10, January 15, March 10, and March 11 on Flounder Company's books. Ignore any inventory and cost af goods sold entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation DO (To record sales on account.) === (Accrue interest carned.) = (Collection on account.)