Instructions Journatze the following merchandise transactions. Refer to the Chart of Accounts for exact wording of account titles. Mar. 1 9 Sold merchandise on account, $71,350 with terms 2/10, 1/30. The cost of the merchandise sold was $42,750 Received payment loss the discount. Issued a credit momo for returned merchandise that was sold for $2,600 torms 1/30. The cost of the merchandise retumed was $1,820. 13 AB Aerint Barable 7135 713500 CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Rent Revenue 120 Accounts Receivable 125 Notes Receivable 130 Merchandise Inventory 131 Estimated Returns Inventory 140 Office Supplies 141 Store Supplies EXPENSES 510 Cost of Merchandise Sold 521 Delivery Expense 522 Advertising Expense HUU Chart of Accounts 142 Prepaid Insurance 180 Land 190 Equipment 191 Accumulated Depreciation-Equipment 192 Store Equipment 193 Accumulated Depreciation Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 526 Salaries Expense 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense 535 Office Supplies Expense 536 Credit Card Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 216 Salaries Payable LIABILITIES 710 Interest Expense 210 Accounts Payable 216 Salaries Payable 218 Sales Tax Payable 219 Customers Refunds Payable 220 Unearned Rent 221 Notes Payable EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary Journaize the merchandise transactions. Refer to the Chart of Accounts for exact wording of account titles. All transactions on this page must be entered (except for post ref(s)) before you will receive Check My Work feedback. JOURNAL Score: 36/126 ACCOUNTING DATE DESCRIPTION POST. REF CREDIT LIABILIT 1 Mar. 1 Accounts Receivable DEBIT 71,350.00 ASSETS 1 2 Sales 71,350.00 Mar.1 Cash Acounts Receivabla 71350 71300m