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On March 1 Lincoln sold merchandise onaccount to Pharoah Company for $28,300, terms 1/10, net 45,0 March 6 , Fors osinteturns merchandise with a sales

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On March 1 Lincoln sold merchandise onaccount to Pharoah Company for $28,300, terms 1/10, net 45,0 March 6 , Fors osinteturns merchandise with a sales price of $2,800. On March 11. Lincoln receives payment from Pharoah 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 cocount tiblerere cutenetically indented when omount is entered. Do not indent manually. Record joumal entries in the order presented in the probleat

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