(b) Assume that Oriole Company received the balance due from Sheffield Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually. 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 Dec. 3 Dec. 8 Dec. 13 Jan. 2 eTextbook and Media List of Accounts The following transactions are for Oriole Company. 1. On December 3, Oriole Company sold $506,200 of merchandise to Sheffield Co., on account, terms 3/10,n/30. The cost of the merchandise sold was $365,100. On December 8, Sheffield Co. was granted an allowance of $29,900 for merchandise purchased on December 3. On December 13, Oriole Company received the balance due from Sheffield Co. 2. 3