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BE 5-3 Sales Transactions Obj. 2 Journalize the following merchandise transactions: a. Sold merchandise on account, $18,000 with terms 1/10, n/30. The cost of the

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BE 5-3 Sales Transactions Obj. 2 Journalize the following merchandise transactions: a. Sold merchandise on account, $18,000 with terms 1/10, n/30. The cost of the goods sold was $10,800. b. Received payment less the discount. c. Refunded $600 to customer for defective merchandise that was not returned

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