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Prepare journal entries for march month

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Reference no: EM132463445

Point 1: March 1 sold merchandise on account to Dodson company for $8,800, terms 6/10, n/30

Point 2: March 3 Dodson company returned merchandise worth $700 to concord.

Point 3: March 9 concord collected amount due from Dodson company from the March 1 sale

Point 4: March 15 concord sale merchandise for $1000 in its retail outlet. Customer used his concord credit card

Point 5: March 31 concord added 1.80% monthly interest to the customer's credit card balance.

Question 1: Prepare journal entries.

Reference no: EM132463445

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