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

Presented below are selected transactions of Pina Company. Pina 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 $5,200, terms 3/10, n/30.
3 Dodson Company returned merchandise worth $100 to Pina.
9 Pina collected the amount due from Dodson Company from the March 1 sale.
15 Pina sold merchandise for $500 in its retail outlet. The customer used his Pina credit card.
31 Pina added 1.20% monthly interest to the customers credit card balance.

Prepare journal entries for the transactions above. (Ignore cost of goods sold entries and explanations.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit

choose a transaction date March 1March 3March 9March 15March 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date March 1March 3March 9March 15March 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date March 1March 3March 9March 15March 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date March 1March 3March 9March 15March 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

choose a transaction date March 1March 3March 9March 15March 31

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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