E6-14 Reporting Net Sales with Credit Sales and Sales Discounts The following transactions were selected from the records of Evergreen Company: Prepare journal entries to record the following transactions 12.Jul Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600. 15-Jul Sold merchandise to Claudio's Chair Company at a selling price of $5,000 on terms 3/10, n/30. The goods cost Evergreen Company $3,500, 20-Jul Sold merchandise to Otto's Ottomans at a selling price of $3,000 on terms 3/10, n/30. The goods cost Evergreen Company $1,900. 23-Jul Collected payment from Claudio's Chair Company from the July 15 sale, 25-Aug Collected payment from Otto's Ottomans from the July 20 sale