Question: Can you please answer the question as soon as possible? On March 1, Lincoln sold merchandise on account to Kingbird Company for $30,600, terms 1/10,

Can you please answer the question as soon as possible?

Can you please answer the question as soon as possible? On March

On March 1, Lincoln sold merchandise on account to Kingbird Company for $30,600, terms 1/10, net 45 . On March 6, Kingbird returns merchandise with a sales price of $3,000. On March 11, Lincoln receives payment from Kingbird for the balance due. Prepare journal entries to record the March transactions on Lincoln's books. (You may ignore cost of goods sold entries and explanations.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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