Journalize the following sales transactions for Henry's Craft Shop. Explanations are not required. (Assume the company uses a perpetual inventory system and records sales at the net amount.) Journalize the sales transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Feb. 3: Henry sold $4,000 of craft supplies on account, credit terms are 2/10,n/30, to Quick Quilts. Cost of goods is $1,200. 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. Journalize the following sales transactions for Henry's Craft Shop. Explanations are not required. (Assume the company uses a perpetual inventorv svstem and records sales at the net amount.) Now journalize the expense related to the February 3 sale-Cost of goods, $1,200. Feb. 23: Henry received payment from Quick Quilts on the amount due. More info Feb. 3 Henry sold $4,000 of craft supplies on account, credit terms are 2/10,n/30, to Quick Quilts. Cost of goods is $1,200. Feb. 23 Henry received payment from Quick Quilts on the amount due. Now journalize the expense related to the February 3 sale-Cost of goods, $1,200