Question: Accounting Principles E9.2 (LO 1) Presented below are selected transactions of Molina Company. Molina sells in large quantities to other companies and also sells

Accounting Principles E9.2 (LO 1) Presented below are selected transactions of Molina Company. Molina sells in large quantities to other companies and also sells

Accounting Principles E9.2 (LO 1) Presented below are selected transactions of Molina Company. Molina sells in large quantities to other companies and also sells its product in a small retail outlet. Journalize entries related to accounts receivable. March Sold merchandise on 1 account to Dodson Company for $5,000, terms 2/10, n/30. 3 Dodson Company returned merchandise worth $500 to Molina. 9 Molina collected the amount due from Dodson Company from the March 1 sale. 15 Molina sold merchandise for $400 in its retail outlet. The customer used his Molina credit card. 31 Molina added 1.5% monthly interest to

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