Journalize the following transactions for M & M Entertainment using the periodic inventory system. August 5 M & M Entertainment sold $18,600 of merchandise on account, credit terms 3/15, n/EOM. August 8 M & M Entertainment received a return of $3,600 for defective goods from the customer. August 16 M & M Entertainment receives payment from the customer on the amount due, less the return and discount. Date Description Debit Credit August 5 August 8 August 16 B B Submit All Parts B