8. Best Buy Computers has the following transactions in January related to the sale of merchandise inventory. i (Click the icon to view the transactions.) Journalize the sales transactions for Best Buy Computers assuming the company uses the perpetual inventory system. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Assume the company records sales at the net amount.) Jan. 12: Sold computers on account for $10,600 to a customer, terms 2/15, n/45. The cost of the computers is $6,360. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts and Explanation Debit Credit Jan. 12 i More Info January 12 Sold computers on account for $10,600 to a customer, terms 2/15, n/45. The cost of the computers is $6,360. 26 Received payment from the customer on balance due. Print Done Cash collection after the discount period. Cash collection within the discount period. Cash sale. Paid a freight bill. Received returned goods. Recorded the cost of goods sold. Placed goods back in inventory. Sale on account less discount. Choose from any list or enter any number in the input fields and then click Check