Question
On January 6, Sunland Company sells merchandise on account to Harley Inc. for $10,000, terms 3/10, n/30. On January 16, Harley pays the amount due.
On January 6, Sunland Company sells merchandise on account to Harley Inc. for $10,000, terms 3/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Sunland Companys 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.)
| Date | Account Titles and Explanation | Debit | Credit |
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| Jan. 16 |
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Jan. 6Jan. 16
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Ethics Management Auditing And Developing The Ethical Content Of Organizations
Authors: S.P. Kaptein
1st Edition
0792350960, 978-0792350965
