(a) Your answer is correct. On May 1, Sunland Co. sold merchandise on account to Kaneva Inc. for $24,000, terms 2/10, n/30. Ignore any entries that affect inventory and cost of goods sold for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) (b) (c) Date Account Titles May 1 Accounts Receivable Sales eTextbook and Media List of Accounts Your answer is correct. Debit 24000 Credit 24000 Attempts: 1 of 3 used On June 30, Sunland Co. charged Kaneva Inc. one month's interest for the overdue account. Sunland charges 11% on overdue accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Date Account Titles June 30 Accounts Receivable Interest Revenue eTextbook and Media List of Accounts Debit 220 Credit 220 Attempts: 1 of 3 used On July 5, Kaneva paid the amount owing to Sunland Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Date Account Titles July 5 | Debit Credit