No$.$

Date

Account Titles and Explanation

Debit

Credit

$($a$)$

Jan. $6$

Accounts Receivable

$6300$

$$

Cash $$

Sales Discounts $$

$$

Accounts Receivable $$

$($b$)$ Accounts Receivable $$

$10800$

Sales Revenue $$

$$

$$

Feb. $12$

Cash

Cash

$4400$

Accounts Receivable $$

$$

$$

$$

$$

Current Attempt in Progress

The following are two independent situations.

$($a$)$ On January $6,$ Tamarisk Co$.$ sells merchandise on account to Accustart Inc. for $$6,300,$ terms $\frac{2}{10},\frac{n}{30}.$ On January $16,$ Accustart Inc. pays the amount due. Prepare the entries on Tamarisk's books to record the sale and related collection. $($Omit cost of goods sold entries.$)$

$($b$)$ On January $10,$ Ivanhoe Donald uses his Sheffield Co$.$ credit card to purchase merchandise from Sheffield Co$.$ for $$10,800.$ On February $10,$ Donald is billed for the amount due of $$10,800.$ On February $12,$ Donald pays $$4,400$ on the balance due. On March $10,$ Donald is billed for the amount due, including interest at $1\%$ per month on the unpaid balance as of February $12.$ Prepare the entries on Sheffield Co's books related to the transactions that occurred on January $10,$ February $12,$ and March $10.($Omit cost of goods sold entries.$)$

$($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

$\backslash$table$[[$No$.,$Account Titles and Explanation,Debit,Credit$],[($a$),$Accounts Receivable,,$],[$Sales Revenue,,$6300],[$Cash$,,],[$Sales Discounts,,$],[$Accounts Receivable,,$]]$