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Your Answer Correct Answer (Used) Your answer is partially correct. On March 2, Oriole Company sold $930,000 of merchandise on account to Cheyenne Company, terms
Your Answer Correct Answer (Used) Your answer is partially correct. On March 2, Oriole Company sold $930,000 of merchandise on account to Cheyenne Company, terms 1/10,n/30. The cost of the merchandise sold was $581,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Accounts Receivable 930000 Sales Revenue 930000 e Textbook and Media List of Accounts Attempts: 3 of 3 used (b) Your Answer Correct Answer Your answer is correct. On March 6, Cheyenne Company returned $93,000 of the merchandise purchased on March 2. The cost of the returned merchandise was $61,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Accounts Payable 93,000 Inventory 93,000 e Textbook and Media List of Accounts Attempts: 3 of 3 used (c) On March 12, Oriole Company received the balance due from Cheyenne Company. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit
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