Accounting I Take Home Opportunity II Name A-1 Journal entries are for Stabs Co. Can We Do This? A. 10/1/21: Stabs Co. negotiates the sale and delivery of 10 Jet skis and 10 microwaves to First Housing. First Housing signs a 4-month, $21,000 note with 7% interest. Cost of the merchandise is $11,000. FOB destination of $110 was paid in cash. Date Description PR Debit Credit B. 10/07/21: Stabs Co. sold and was paid for a flipper for $1,000. Stabs Co. cost is $700. Date Description PR Debit Credit C. 10/03/21: Stabs Co. delivered a Jet Ski to Able Tours along with a bill for $2,000, 2/10 n/30. Stabs Co cost is $1,300 and they expect to be paid within the discount period. Date Description HE PR Debit Credit