On January $6,$ Golden Limited sold merchandise on account to Singh Inc. for $$45,000,$ terms $\frac{n}{30}.$ The merchandise originally cost Golden $$28,200.$ On January $25,$ Singh paid the amount due. Both Golden and Singh use a perpetual inventory system.

$($a$)$

Prepare the entries on Golden's books to record the sale and related collection. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record entries in the order displayed in the problem statement.$)$

Date

Account Titles and Explanation

$($To record sales$)$

$($To record cost of merchandise sold$)$

Debit

Credit

Credit