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Question 4 of 16 Current Attempt in Progress The following are two independent situations. (a) On January 6, Oriole Co. sells merchandise on account to Page Inc. for $7,000, terms 2/10, n/30. On January 16, Page Inc. pays the amount due. Prepare the entries on Oriole's books to record the sale and related collection. (Omit cost of goods sold entries.) (b) No. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) On January 10, Sunland Edward uses his Kingbird Co. credit card to purchase merchandise from Kingbird Co. for $10,600. On February 10, Edward is billed for the amount due of $10,600. On February 12, Edward pays $4,300 on the balance due. On March 10, Edward is billed for the amount due, including interest at 1% per month on the unpaid balance as of February 12. Prepare the entries on Kingbird Co's books related to the transactions that occurred on January 10, February 12, and March 10. (Omit cost of goods sold entries.) Date C - / 6.25 Account Titles and Explanation Debit Credit SUPPORT

The following are two independent situations. (a) On January 6, Oriole Co. sells merchandise on account to Page inc for $7,000, terms 2/10,n/30. On January 16, Page Inc pays the amount due. Prepare the entries on Oriele's books to record the sale and related collection. (Omit cost of goods sold entries) (b) On January 10, Sunland Edward uses his Kingbird Co, credit card to purchase merchandise from Kingbird Ca, for $10,600. On February 10, Edward is billed for the amount due of $10,600. On February 12, Edward pays $4,300 on the balance due. On March 10. Edward is billed for the amount due, including interest at 1% per month on the unpaid balance as of February 12. Prepare the entries on Kingbird Ca's books related to the transactions that occurred on January 10, February 12, and March 10, (Omit cost of goods sold entries.) (List all debit entries before credit entries. Credit account titles are automotically indented when the amount is entered. Do not indent monually. Record journal entries in the order presented in the problem.)

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