eBook Show Me How Calculator Sales Transactions Journaliz e the following merchandise transactions a. Sold merchandise on account, $92,500 with terms 1/10, n/30. The cost of the merchandise sold was $55,500. Sale Cost b. Received payment less the discounk c. Issued a credit memo for returned merchandise that was sold for $10,400 terms n/30. The cost of the merchandise returned was $6,500. Refund Inventory Previous Next Check My Work