Journalize the following transactions for Beautiful DecorBeautiful Decor, Inc., that occurred during the month of April. Beautiful DecorBeautiful Decor's

cost of inventory is 60% of the sales price. (Record debits first, then credits. Exclude explanations from any journal entries.)

(Click the icon to view the transactions.)

Journalize the following transactions for Beautiful Decor, Inc. that occurred during the month of April. Beautiful Decor's cost of inventory is 60% of the sales price from any journal entries.) Record debits first, then credits Exclude explanations (Click the icon to view the transactions.) Start by jounalizing the April 3rd sale of inventory. (Do not yet record the cost related to the sale. We will do this in the next journal entry. Prepare a compound entry accounting for the sales revenue as well as the cash paid for shipping.) Journal Entry More Info Date Accounts Debit Credit Apr 3 Accounts receivable 2,635 Apr 3 Sold $2,515 of merchandise on account, terms 5/15, n/45, FOB shipping point. Beautiful Decor, Inc., prepaid $120 of shipping costs and added the amount to the customer's invoice. Sales revenue 2,515 Cash 120 7 Issued a credit memo to the customer acknowledging the return of $375 (sales price) of unwanted goods. Received payment in full from the customer for the April 3 invoice Journalize Beautiful Decor's cost of goods sold 16 Journal Entry Date Accounts Debit Credit PrintDone Apr 3 Cost of goods sold 1,509