Ch 5 Homework A-Graded Question 3, SF5-4 (similar to) Part 1 of 4 HW Score: 25.37%, 17 of 67 points O Points: 0 of 10 Save Joumalize the following sales transactions for Salem Sportswear Explanations are not required. The company estimates sales retums at the end of each month. (Assume the company uses a perpetual inventory system and records sales at the net amount.) Click the icon to view the transactions.) Journalize the sales transactions Explanations are not required (lecond debts fest, then oeds Eadde etions from joumal entes) Junt Salem soit $25.000 of men's sportsew or cash Cost of goods word is $16,000 Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We wilt do that in the folowing Date Accounts Debit Credit Jun 1 Clear all Check answer Help me solve this Etext pages Get more help Media- BZY OL 98 342PM 1282002 Jun. 1 Salem sold $25,000 of men's sportswear for cash. Cost of goods sold is $16,000. Jun. 5 Salem received a $2,000 sales return on damaged goods from the customer on June 1. Cost of goods damaged is $1,000. ore info 1 Print Done