Journalize the following sales transactions for Paul Sportswear. Explanations are not required. Next question May 1 Paul sold $66,000 of women's sportswear on account, credit terms of 2/10, n/30. Cost of goods is $33,000. 5 Paul received a $1,500 sales return on damaged goods from the customer. Cost of goods damaged is $750. 10 Paul receives payment from the customer on the amount due, less the return and discount. . Journalize the sales transactions. Explanations are not required. (Assume the company uses a perpetual inventory system. Record debits first, then credits. Exclude explanations from journal entries.) May 1: Paul sold 566,000 of women's sportswear on account, credit terms of 2/10, n/30. Cost of goods is $33,000. 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 Accounts Debit Credit May 1