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8. Best Buy Computers has the following transactions in August rolated to the sale of merchandise inventory. (i) (Click the icon to view the transactions.)

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8. Best Buy Computers has the following transactions in August rolated to the sale of merchandise inventory. (i) (Click the icon to view the transactions.) Joumalize the sales transactions for Best Buy Computers assuming the company uses the perpetual inventory system. (Record eebits first, then credis, Select the explanation. on the last line of the joumal entry table.) Aug 21: Accepted a $2,300 return from a customer from August 12. The computer retumed had a cost of $1,380. Start by preparing the entry to record the sales retum. Do not record the return of the actual meechandse yot. We will bo that in the following step Now journalize the expense related to the August 12 sale. Aug. 21: Accepted a $2,300 return from a customer from August 12. The computer returned had a cost of $1,360. Start by preparing the entry to record the sales retum. Do not record the retum of the actual merchandise yet. Wo will do that in the following step. Now prepare the entry for the return of the merchandise inventory. Aug. 26: Received payment from the customer on balance due. More info August 12 Sold computers on account for $11,900 to a customer, terms 2/15,n/60. The fost of the computers is $7,140. 21 Accepted a $2,300 return from a customer from August 12. The computer returned had a cost of $1,380. 26 Received payment from the customer on balance due

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