Financial Accounting I ACC112 May. 8 the customer ALI from May. 3 returned merchandise with selling price of $100, the cost of merchandise returned was $55. . May. 15 SALMAN paid his amount, less any appropriate discount earned. May. 31 ALI paid his amount, less any appropriate discount earned. Required: Prepare the required journal entries that Zainab's Bike Shop must make to record these transactions. Date Debit Credit