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Presented below are selected transactions of Pharoah Company, Pharoah sells in large quantities to other companies and also sells its product in a small retail

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Presented below are selected transactions of Pharoah Company, Pharoah sells in large quantities to other companies and also sells its product in a small retail outlet. March 1 Sold merchandise on account to Dodson Company for $9,600, terms 3/10,n/30. 3 Dodson Company returned merchandise worth $500 to Pharoah. 9 Pharoah collected the amount due from Dodson Company from the March 1 sale. 15. Pharoah sold merchandise for $800 in its retail outlet. The customer used his Pharoah credit card. 31 Pharoah added 1.00% monthly interest to the customer's credit card balance. Assess a full month of interest. 9600 Accounts Recelvable Sales Discounts Accounts Receivable Marchis Accounts Receivable Cash Sales Discounts Accounts Recelvable 9100 March 15 Accounts Recelvable Sales Revenue March31: Interest Revenue

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