Question 4 The following transactions are for Carla Vista Company. 1. On December 3, Carla Vista Company sold $453.100 of merchandise to Sandhill Co., terms 1/10, 1/30. The cast of the merchandise sold was $317,100. 2. On December 8, Sandhill Co. was granted an allowance of $22,800 for merchandise purchased on December 3 3. On December 13, Carla Vista Company received the balance due from Sandhill Co. (a) Prepare the journal entries to record these transactions on the books of Carla Vista Company. Carla Vista Company uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter automatically indented when amount is entered. Do not indent manually.) for the amounts. Credit account titles are No. Date Account Titles and Explanation Debit Credit (Ta record ondt sala) To record cost of merchande sold) 2. 3. Dec 13 Assume that Carla Vista Company received the balance due from Sandhill Ca. on January 2 of the following year Instead of December 13. Prepare the foumal entry to record the receipt of payment on January 2. (If no entry is required, select "No Entry for the account titles and enter o for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO SIMILAR EXERCISE Question Attempts: 0 of 1 used