Sandhill Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Sunland Company...
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Sandhill Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Sunland Company employees. The total cruise package price to Sunland Company employees is $ Sandhill Inc. receives a commission of of the total price. Sandhill Inc. therefore remits $ to ShipAway. Prepare the journal entry to record the receipt of payment of $ from employees for the cruise packages and the remittance and revenue recognized by Sandhill Inc. on this transaction. Credit occount titles are outomatically 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. List all deblt entries before credit entries. No Account Titles and Explanation Debit Credit Cash Accounts Payable Accounts Payable Cash 
Sandhill Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Sunland Company employees. The total cruise package price to Sunland Company employees is $ Sandhill Inc. receives a commission of of the total price. Sandhill Inc. therefore remits $ to ShipAway.
Prepare the journal entry to record the receipt of payment of $ from employees for the cruise packages and the remittance and revenue recognized by Sandhill Inc. on this transaction. Credit occount titles are outomatically 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. List all deblt entries before credit entries.
No Account Titles and Explanation
Debit
Credit
Cash
Accounts Payable
Accounts Payable
Cash
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