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On January 10, Molly Amise uses her Kingbird, Inc. credit card to purchase merchandise from Kingbird, Inc. for $1,400. On February 10, Molly is billed

On January 10, Molly Amise uses her Kingbird, Inc. credit card to purchase merchandise from Kingbird, Inc. for $1,400. On February 10, Molly is billed for the amount due of $1,400. On February 12, Molly pays $1,000 on the balance due. On March 10, Molly is billed for the amount due, including interest at 2% per month on the unpaid balance as of February 12. Prepare the entries on Kingbird, Inc.s books related to the transactions that occurred on January 10, February 12, and March 10. (Omit cost of goods sold entries.) (Round answers to 0 decimal places, e.g. 825. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date Jan. 10Feb. 12Mar. 10

enter an account title to record the first transaction

enter a debit amount

enter a credit amount

enter an account title to record the first transaction

enter a debit amount

enter a credit amount

choose a transaction date Jan. 10Feb. 12Mar. 10

enter an account title to record the second transaction

enter a debit amount

enter a credit amount

enter an account title to record the second transaction

enter a debit amount

enter a credit amount

choose a transaction date Jan. 10Feb. 12Mar. 10

enter an account title to record the third transaction

enter a debit amount

enter a credit amount

enter an account title to record the third transaction

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