Corona Company uses a sales joumal a cash receipts pumal, and a general joumal to record transactions with its customers Record the following transactions in the appropriate journals. The cost of all merchandise sold was 65% of the sales price July 2 Sold merchandise for $18,000 to M Jordan on account Credit tems 110. n.30 Sales invoice No 100 July 5 Received a check for $1.300 from K Bryant in payment of his account July Sold merchandise to S O'Neal for $900 cash July 10 Received a check in payment of Sales invoice No. 100 from M Jordan minus the 1% discount July 15 Sold merchandise for $7,000 to K Jabbar on account Credit terms 1/10./30. Sales invoice No. 101 July 18 Borrowed $15,000 cash from Pacific Bank signing a 6-month 10 note July 20 Sold merchandise for $12000 to J. West on account Credit terms 1/10.30. Sales invoice No. 102 July 25 issued a credt reduction) of $780 to J West as an allowance for damaged merchandise previously sold on account July 31 Received a check from K Jabbar for $5 500 as payment on account CORONA COMPANY Sales Journal Invoice Date Account Debited No Ref. Acct. Rec. Dr Sales Rev. Or. ClofG. S. Dr. Inventory. CORONA COMPANY General Journal Date Explanation Debit CORONA COMPANY Cash Receipts Journal Accounts Date Credited Sales Discounts Dr. Cash Dr. Accounts Sales Other Rec. Rex. Accounts C. of G. S. Dr. CCC Inventory.cc Ref