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Journalize the following sales transactions for Leah's Boutique. Explanations are not required. The company estimates sales returns at the end of each month. (Assume the
Journalize the following sales transactions for Leah's Boutique. Explanations are not required. The company estimates sales returns 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 Date Accounts Debit Mar. 3 Cost of Goods Sold 41,000 Merchandise Inventory Mar. 3 Leah sold $69,000 of women's clothes on account, credit terms are 3/10, n/30, to Mirabel's Dresses. Cost of goods is $41,000. Mar. 7 Leah granted a sales allowance of $900 for the clothes sold on March 3. Maria's Dresses did not return the inventory. Mar. 10 Leah receives payment from Mirabel's Dresses on the amount due, less sales allowance and discount Mar. 7: Leah granted a sales allowance of $900 for the clothes sold on March 3. Mirabe Date Accounts Debit Mar. 7 900 Print Done Accounts Receivable-Mirabel's Dresses Choose from any list or enter any number in the input fields and then click Check
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