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The following transactions are for Carla Vista Company. 1. On December 3. Carla Vista Company...

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Accounting

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The following transactions are for Carla Vista Company. 1. On December 3. Carla Vista Company sold $552,200 of merchandise to Kingbird Co, on account, terms 3/10,n/30. The cost of the merchandise sold was $352,100. 2. On December 8 , Kingbird Co. was granted an allowance of $25,300 for merchandise purchased on December 3 . 3. On December 13 , Carla Vista Company received the balance due from Kingbird Co. (a) Prepare the journal entries to record these transactions on the books of Carla Vista Company using a perpetual inventory system. (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 0 for the amounts.) eTextbook and Media List of Accounts Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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