Journalize the following transactions for the Pool Warehouse, assuming the "net" method is used. Explanations are not required. (Click the icon to view the transactions.) a. Sold $62,000 of merchandise to Oceanview Spas, Inc., on account, terms 1/15, n/60, assuming the "net" method is utilized. The merchandise cost the Pool Warehouse $25,100. Begin by journalizing the revenue from the Pool Warehouse's sale of merchandise. (Record debits first, then credits. Exclude explanations from any journal entries. Do not yet record the cost related to the sale. We will do this in the next journal entry.) Journal Entry Accounts Debit Credit Journalize the Pool Warehouse's cost of goods sold. Journal Entry Accounts Debit Credit b. Received payment for the goods from Oceanview Spas, Inc., within the discount period. Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. * More Info a. Sold $62,000 of merchandise to Oceanview Spas, Inc., on account, terms 1/15, n/60; the merchandise cost the Pool Warehouse $25,100 b. Received payment for the goods from Oceanview Spas, Inc., within the discount period Print Print Done Done