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The following transactions are for Sunland Company. 1. On December 3 , Sunland Company sold $654,200 of merchandise to Marigold CD0, on account, terms 2/10,n/30,FOB

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The following transactions are for Sunland Company. 1. On December 3 , Sunland Company sold $654,200 of merchandise to Marigold CD0, on account, terms 2/10,n/30,FOB destination, Sunland paid $390 for freight charges, The cost of the merchandise sold was $373,500. 2. On December 8, Marigold Co. was granted an allowance of $23,200 for merchandise purchased on December 3 . 3. On December 13, Sunland Company received the balance due from Marigold Ca. manually If no entry is requined, select "No Entry " for the account titles and enter ofor the amounts)

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