On January 6, Skysong, Inc. sells merchandise on account to Harley Inc. for $10,300, terms 2/10,...
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On January 6, Skysong, Inc. sells merchandise on account to Harley Inc. for $10,300, terms 2/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Skysong, Inc's books to record the sale and related collection. (Omit cost of goods sold 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 O for the amounts.) Date Account Titles and Explanation Debit Credit On January 6, Skysong, Inc. sells merchandise on account to Harley Inc. for $10,300, terms 2/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Skysong, Inc's books to record the sale and related collection. (Omit cost of goods sold 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 O for the amounts.) Date Account Titles and Explanation Debit Credit
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