Presented below are selected transactions of Tamarisk Company. Tamarisk sells in large quantities to other companies and also sells
its product in a small retail outlet.
March Sold merchandise on account to Kirk Company for $ terms n
March Kirk Company returned merchandise worth $ to Tamarisk.
March Tamarisk collected the amount due from Kirk Company from the March sale.
March Tamarisk sold merchandise for $ in its retail outlet. The customers used their Tamarisk credit card.
March Tamarisk added monthly interest to the customers' credit card balance.
April Tamarisk collected $ from credit card customers.
a
Prepare journal entries for the transactions above. Credit account titles are automatically indented when the amount is entered. Do
not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is
required, select No Entry" for the account titles and enter for the amounts.
Date
Account Titles and Explanation
Debit
Credit
