Jan. 4 Jan. 8 Sold $12,000 of antiques on account, credit terms are n/30, to Cosmo Designs. Cost of goods is $6,000. Received a $300 sales return on damaged goods from Cosmo Designs. Cost of goods damaged is $150. Jan. 13 Antiques by Alice received payment from Cosmo Designs on the amount due from Jan. 4, less the return. Jan. 20 Sold $4,700 of antiques on account, credit terms are 2/10, n/45, FOB destination, to Wicker Furniture. Cost of goods is $2,350. Jan. 20 Antiques by Alice paid $100 on freight out to Wicker Furniture. Jan. 29 Received payment from Wicker Furniture on the amount due from Jan. 20, less the discount. Antiques by Alice uses a perpetual inventory system. Journalize the following sales transactions for Antiques by Alice. Explanations are not required. The company estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount. Round all numbers to the nearest whole dollar. Check your spelling carefully and do notabbreviate.) Jan. 4: Sold $12,000 of antiques on account, credit terms are n/30, to Cosmo Designs. Cost of goods is $6,000. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Jan. 4 Accounts Debit Credit