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How do I do this? Presented below are selected transactions of Molina Company. Molina sells in large quantities to other companies and also sells its
How do I do this?
Presented below are selected transactions of Molina Company. Molina sells in large quantities to other companies and also sells its product in a small retail outlet.
March 1 | Sold merchandise on account to Dodson Company for $9,800, terms 4/10, n/30. | |
3 | Dodson Company returned merchandise worth $700 to Molina. | |
9 | Molina collected the amount due from Dodson Company from the March 1 sale. | |
15 | Molina sold merchandise for $300 in its retail outlet. The customer used his Molina credit card. | |
31 | Molina added 2% monthly interest to the customer |
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