Journalize the following transactions for Jackson Company using thegross methodof accounting forsales discounts. Assume aperpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction. August 3Sold goods costing $3,300 to Morris Companyon account, $5,500,terms4/10, n/30. August 9Morris Company was granted anallowanceof $1,100 for returned merchandise that was previously purchased on account. Thereturned goodsare damaged and have no scrap value. August 13Received the amount due from Morris Company.