1.) You have 4 journal entries to log. The first one is completed.
Cash (CA?) 233
Interest income (NI?, SE?) 233
Complete the other three.
a.) Recognized $213 of prepaid expenses as sales and marketing expense in the period.
b.) Recognized $2,745 in revenue for goods sold. Payment had previously been received for the goods.
c.) Sold inventory costing $8,111 for $10,777. Payment is due in three months. The inventory had been paid for previously.