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3. Prepare journal entries to record transactions (a e). (f no entry is required for a transactionlevent, select No Journal Entry Required in the first

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3. Prepare journal entries to record transactions (a e). (f no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) aotian s Journal entry worksheet Transaction Index Numerical Alphabetical 1 2 3 45 6 78 Record the cash sales of $740,000. Record the cost of goods sold of $353,350. Record the return by a customer of unsatisfactory merchandise that was in perfect condition. A cash refund of Record the merchandise returned by the customer back into inventory. The original cost of the merchandise wa Record the sales on account of $17,800 on terms 2/10, n/30. Record the cost of goods sold of S10,680. Record the collection of half of the balance of S8,722 owed by the customer within the discount period. Record the allowance of $2,550 to the customer. . Note: Enter debits before credits General Journal Debit Credit afl

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