Question
On January 10, Mary Dawes uses her Pierson Co. credit card topurchase merchandise from Pierson Co. for $9,000. On February 10,Dawes is billed for the
On January 10, Mary Dawes uses her Pierson Co. credit card topurchase merchandise from Pierson Co. for $9,000. On February 10,Dawes is billed for the amount due of $9,000. On February 12, Dawespays $5,000 on the balance due. On March 10, Dawes is billed forthe amount due, including interest at 2% per month on the unpaidbalance as of February 12. Prepare the entries on Pierson Co.'sbooks related to the transactions that occurred on January 10,February 12, and March 10. I know that Debits = Credits, so the answer value will be the samein each box. Thank you! On January 10, Mary Dawes uses her Pierson Co. credit card topurchase merchandise from Pierson Co. for $9,000. On February 10,Dawes is billed for the amount due of $9,000. On February 12, Dawespays $5,000 on the balance due. On March 10, Dawes is billed forthe amount due, including interest at 2% per month on the unpaidbalance as of February 12. Prepare the entries on Pierson Co.'sbooks related to the transactions that occurred on January 10,February 12, and March 10. I know that Debits = Credits, so the answer value will be the samein each box. Thank you
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