Journalize entires related to accounts receivable. 1. Sold merchandise on account to Dodson Company for $5,000, terms 2/10, n/30. 2. Dodson Company returned merchandise worth $500 to Molina. 3. Molina collected the amount due from Dodson Company from the

1.     Sold merchandise on account to Dodson Company for $5,000, terms 2/10, n/30.

2.     Dodson Company returned merchandise worth $500 to Molina.

3.     Molina collected the amount due from Dodson Company from the March 1 sale.

4.     Molina sold merchandise for $400 in its retail outlet. The customer used his Molina credit card.

5.     Molina added 1.5% monthly interest to the customer’s credit card balance.