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accounting question Sales-related transactions Sayers Co. sold merchandise on account to a customer for $85,000 terms 1/10, n/30. The cost of the goods sold was

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accounting question

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Sales-related transactions Sayers Co. sold merchandise on account to a customer for $85,000 terms 1/10, n/30. The cost of the goods sold was $61,000. a. Journalize Sayers' entries to record the sale, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. V v ' b. Journalize the receipt of payment within the discount period. If an amount box does not require an entry, leave it blank. v V c. Journallze the entry to record the receipt of payment beyond the discount period of 10 days. If an amount box does not require an entry, leave it blank. v V H H 7W

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