Journal entry worksheet Sold merchandise to Art Company for $1,500 under credit terms of 2/15, n/60,FOB shipping point, invoice dated July 19. Note: Enter debits before credits. Journal entry worksheet 1.10 11 15 17 Gave a price reduction (allowance) of $250 to Art Company for merchandise sold on July 19 and credited Art's accounts receivable for that amount. Note: Enter debits before credits. Journal entry worksheet Paid Leight Company the balance due, net of discount. Note: Enter debits before credits. Journal entry worksheet