(Answered) On january 10 andrew farley uses his paltrow co credit card

Accounting

On January 10, Andrew Farley uses his Paltrow Co. credit card to purchase merchan- dise from Paltrow Co. for $9,000. On February 10, Farley is billed for the amount due of $9,000. On February 12, Farley pays $5,000 on the balance due. On March 10, Farley is billed for the amount due, including interest at 1% per month on the unpaid balance as of February 12. Prepare the entries on Paltrow Co.'s books related to the transactions that occurred on January 10, February 12, and March 1

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