Journalize the following transactions for the seller, Hayes Company, using the gross method to account for sales discounts. Assume a perpetual inventory system. Make sure to enter the day for each separate transaction. August Sold goods costing $7,800 to Gonzales Company on account, $13,000, terms 5/10, 1/30. The goods are sold FOB shipping point, freight prepaid by seler, $480. August 9 Gonzales Company returned damaged merchandise previously purchased on account, $2,400 August 13 Received the amount due from Gonzales Company, Note: The entry to record the shipping payment to the delivery company is not required in this problem Date Account The Debit Credit