Journalize the following transactions for Morris 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 August 2 Sold goods costing $6,000 to Foster Company on account, $10,000, terms 1/10, 1/30. August 8 Foster Company was granted an allowance of $2,000 for returned merchandise that was previously purchased on account. The returned goods are damaged and have no scrap value. August 12 Received the amount due from Foster Company, Date Account Title Debit Credit