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On January 1 0 , Molly Amise uses her Crane Co . credit card to purchase merchandise from Crane Co . for $ 1 ,
On January Molly Amise uses her Crane Co credit card to purchase merchandise from Crane Co for $ On February Molly is billed for the amount due of $ On February Molly pays $ on the balance due. On March Molly is billed for the amount due, including interest at per month on the unpaid balance as of February
Prepare the entries on Crane Co's books related to the transactions that occurred on January February and March Omit cost of goods sold entries.
Prepare the entry to record bad debt expense for the period
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