ar. 3 Lulu sold $70,000 of women's clothes on account, credit terms are 1/10,n/30, to Maddie's Dresses. Cost of goods is $36,000. Nar. 7 Lulu granted a sales allowance of $400 for the clothes sold on March 3. Maria's Dresses did not return the inventory. Mar. 10 Lulu receives payment from Maddie's Dresses on the amount due, less sales allowance and discount Journalize the sales transactions, Explanations are not required. (Record debits first, then credits. Exclude explanations Mar. 3. Lulu sold $70,000 of women's clothes on account, credit terms are 1/10, n/30, to Maddie's Dresses Cost of goods Begin by preparing the entry to journalize the sale portion of the fransaction. Do not record the aynense related to the sale. Now joumalize the expense related to the March 3 sale-Cost of goods, $36,000