Journalize the following transactions for Harris Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction March 10 Sold goods costing $7,500 to Peterson Company on account, $12,500, terms 3/10, 1/30 March 16 Peterson Company was granted an allowance of $1,000 for returned merchandise that was previously purchased on account. The returned goods are in perfect condition March 20 Received the amount due from Peterson Company Date Account Title Debit Credit