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Question 2 View Policies Current Attempt in Progress Presented below are selected transactions of Nash...

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Accounting

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Question 2 View Policies Current Attempt in Progress Presented below are selected transactions of Nash Company Nash sells in large quantities to other companies and also sells its product in a small retail outlet March 1 Sold merchandise on account to Dodson Company for $3,000, terms 2/10, 1/30 Dodson Company returned merchandise worth $100 to Nash Nash collected the amount due from Dodson Company from the March 1 sale Nash sold merchandise for $400 in its retail outlet. The customer used his Nash credit card Nash added 100% monthly interest to the customer's credit card balance 15 Prepare journal entries for the transactions above ignore cost of goods sold entries and explanations.) (Credit account titles are automatically indented when amount is entered. Do notIndent manually Record journal entries in the order presented in the problem Credit Debit Account Tities and Explanation Date

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