Accounting for Merchandise Companies The following transactions took place for Macys in December 2021 in opening its new branch in Queens; record them in the General Journal: Dec. 1 Invested $ 700,000 cash to start the business. Dec. 2 Purchased merchandise on account from Calvin Klein, Invoice # 5544, $ 90,000, terms: 2/10, n/30. Dec. 8 Returned defective merchandise to Calvin Klein $ 4,500. Dec. 9 Sold Calvin Klein merchandise for cash $ 60,000. Dec. 11 Sold merchandise on account to International Corporation for $ 90,000. Dec. 13 Paid the Calvin Klein invoice # 5544 in full, note terms and the return of merchandise on Dec. 8. Dec. 14 The customer International Corp. returned merchandise for $ 5,000. Dec. 21 Received payment from the Customer International Corporation in full for merchandise sold on credit on Dec. 11, note the customer return on Dec. 14. Required: General Journal please in excel or word aswer the tables ...!!!