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what is the Journal entery amount for March 31? Exercise 2 Your answer is partially correct. Try again. Presented below are selected transactions of Pharoah
what is the Journal entery amount for March 31? Exercise 2 Your answer is partially correct. Try again. Presented below are selected transactions of Pharoah Company. Pharoah sells in large quantities to other companies and also sells its 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. the 15 Pharoah sold merchandise for $2,200 in its retail outlet. The customer used his Pharoah credit card. 31 Pharoah added 1.0% monthly interest to the customer's credit card balance. Prepare journal entries for the transactions above. (Ignore cost of goods sold entries and explanations.) (Credit account titles are au Date Account Titles and Explanation Debit Credit March 1 Accounts Receivable 96001 Sales Revenue 00 Sales Retums and Allowances Accounts Receivable March 9 Cash Sales Discounts Accounts Receivable March 15 Accounts Receivable 9100 Sales Revenue March 31 Accounts Receivable 2200 Interest Revenue Click if you would like to Show Work for this question: Qeen Show Won SHOW LIST OF ACCOUNTS LINK TO TEXT
what is the Journal entery amount for March 31?
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