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On March 1 , Lincoln sold merchandise on account to Sheridan Company for $ 2 8 , 8 0 0 , terms 1 1 0
On March Lincoln sold merchandise on account to Sheridan Company for $ terms On March Sheridan returns merchandise with a sales price of $ On March Lincoln receives payment from Sheridan for the balance due. Prepare journal entries to record the March transactions on Lincoln's books. You may ignore cost of goods sold entries and explanations.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 for the amounts.
Date
Account Titles and Explanation
Debit
Credit
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