Question

Question 1 of 2 ./15 E View Policies Current Attempt in Progress On January 6, Bramble Corp. sells merchandise on account to Harley Inc. for 58,100, terms 3/10,130. On January 16, Harley pays the amount due Prepare the entries on Bramble Corp's books to record the sale and related collection (Omit cost of goods sold entries) (Credit account titles are automatically Indented when amount is entered. Do not indent vonually. Record journal entries in the order presented in the problem) Date Account Titles and explanation Debit Credit Jan. 16 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer

Answer 1

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Date	Accounts titles and Explanation	Debit (in $)	Credit (in $)
January 6	Accounts receivable -Harley inc	$ 8,100
	Sales		$ 8,100
	(To record the Sale )
January 16	Cash - Bal. Fig.	$ 7,857
	Sales Discounts ( $ 8,100 x 3% )	$ 243
	Accounts receivable -Harley inc		$ 8,100
	(To record the Collection )