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On March I, Lincolnsold merchandne on accounit to Orione Company for $27,200, terms 1710 snet 45 , On March 6, Oriole refures merchandiue witha sales

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On March I, Lincolnsold merchandne on accounit to Orione Company for $27,200, terms 1710 snet 45 , On March 6, Oriole refures merchandiue witha sales price of $1,100.0On March 11, Lincoln receives payment from Oriole for the balance dutt Prepare journal entries to record the March transactions an Lincoln's books. (Youmay ignere cost of goods sold entries and explanations) Kredit occount titlei are outomotically indented when amount is entered. De not indent munvally Recard joumal entries in the order presented in the problem.) /10

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