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Journalize the following sales transactions for Bargain Sportswear. Explanations are not required. The company estimates sales retums at the end of each month. (Assume the

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Journalize the following sales transactions for Bargain Sportswear. Explanations are not required. The company estimates sales retums at the end of each month. (Assume the company uses a perpetual inventory system and records sales at the net amount.) (Click the icon to view the transactions.) More info Jan. 1 Bargain sold $24,000 of men's sportswear for cash. Cost of goods sold is $13,000. damaged is $1,750. Journalize the sales transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Jan. 1: Bargain sold $24,000 of men's sportswear for cash. Cost of goods sold is $13,000. 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

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