Create a journal entry

a) November 25: Record the sale of goods on credit.

b) November 29: Record the reversal of cost of goods sold

c) December 6: Record the entry for cash collected from Nancys gym

The following transactions were selected from among those completed by Bear's Retail Store: Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $950 sales price in cash. The goods cost Bear's $410. 25 Sold 20 items of merchandise to Vasko Athletics at a selling price of $5,100 (total); terms 3/10, n/30. The goods cost Bear's $3,050. 28 Sold 10 identical items of merchandise to Nancy's Gym at a selling price of $7,100 (total); terms 3/10, n/30. The goods cost Bear's $5,100. 29 Nancy's Gym returned one of the items purchased on the 28th. The item was in perfect condition, and credit was given to the customer. Dec. 6 Nancy's Gym paid the account balance in full. 30 Vasko Athletics paid in full for the invoice of November 25