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ABC, Inc. sells its product to other companies and also in a retail outlet June 1 Sold merchandise on account to Collins Company for $4,000,

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ABC, Inc. sells its product to other companies and also in a retail outlet June 1 Sold merchandise on account to Collins Company for $4,000, terms 2/10,n/30. 3 Collins Company returned merchandise worth $400 to ABC, Inc. 9 ABC, Inc. collected the amount due from Collins Company from the June 1 sale. 15 ABC, Inc. sold merchandise for $8,000 in its retail outlet. The customers used their store credit card 30 ABC, Inc. added 2% monthly interest to the customers' credit card balance. July 10 ABC, Inc. collected $4,050 from credit card customers Instructions Journalize the transactions for ABC, Inc. in an Excel workbook. Note that you don't need to format a journal entry page with the appropriate headers (just type the numal entriee however

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