Enstructions + Journalize the following merchandise transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use Ines for journal explanations Every Wine on a journal page is used for debit or credit entries. CNOW journals will automatically inderat a credit entry when a credit amount is entered Mar. 1 Soket merchandise on account, $84,800 with terms 2/10, 1/30. The cost of the merchandise sokd was $56,900. Received payment less the discount. Issued a $500 credit memo for dumaped merchandise. The customer agreed to keep the merchandise 9 13 Instructions Journal Shaded cells have feedback POST REF CREDIT ASSETS LABILITIES EQUITY DATE DESCRIPTION Mar.1 Cost of Merchandise Sold DEBIT 56,900.00 1 1 56,900.00 + Merchandise Inventory Accounts Receivable 3 Mar 1 Sales Mar.9 Cash 92,904.00 Accounts Receivable 92,904.00 Mar. 13 Customer Refunds Payable 500.00 Accounts Receivable 500.00