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The following are selected transactions of Ayayai Company. Ayayai sells in large quantities to other companies and also sells its product in asmall retail outlet.

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The following are selected transactions of Ayayai Company. Ayayai sells in large quantities to other companies and also sells its product in asmall retail outlet. March 1 Sold merchandise on account to Dodson Company for $11,600, terms 2/10,n/30. 3 Dodson Company returned merchandise with a sales price of $800 to Ayayai. 9 Ayayaicollected the arnount due from Dodson Company from the March 1 sale. 15 Ayayai sold merchandise for $1,000 in its retail outlet. The customer used his Ayayai credit card. 31 Ayayai added 1.06 monthly interest to the customer's credit card balance. Preparejoutnal entries for the transactions above. (Ignore cost of goods sold entries and explanations) fCreditcoccunt titles are outomatically indented when amount is entered. Do not Indent mantialf, Recard/ /ournatentries in the order presented in the probiem

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