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Chapter 6 Accounting for Merchandising Businesses 299 EE 6-3 2.274 OBJ. 2 PE 6-3A Sales transactions Journalize the following merchandise transactions: a. Sold merchandise on

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Chapter 6 Accounting for Merchandising Businesses 299 EE 6-3 2.274 OBJ. 2 PE 6-3A Sales transactions Journalize the following merchandise transactions: a. Sold merchandise on account, $72,500 with terms 2/10, n/30. The cost of the mer chandise sold was $43,500. b. Received payment less the discount. B c D G H 1 K N JOURNAL Account Date Jan. 2 Det Credit 14 15 10 17 18 19 20 2 3 22 23 24 25 3 27 28 29 30 31 32 33 34 35 30 5 30 40 12 42 43 44 45 14 14 50 52 10 16 18 57 50 09 30 51 52 18 84 10 10 09 70 19 Pr. 0-3 B D E F G 1 J 26 28 Feb 3 15

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