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(2) Sales of Merchandise Journal Entries (10 points) Ditto Company uses a perpetual inventory system. The following transactions and events occurred. 1. Sold 12 copiers

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(2) Sales of Merchandise Journal Entries (10 points) Ditto Company uses a perpetual inventory system. The following transactions and events occurred. 1. Sold 12 copiers at a cost of $120 each to Baxter Company, terms 2/10, n/30. The motors cost $75 each. 2. One copier was returned. 3. Received payment in full from Baxter within the discount period. Journalize the transactions for Ditto Company (seller) using a perpetual inventory system. You may omit #explanations. Num. ACCOUNT TITLE DEBIT CREDIT

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