Journalize the following transactions for the seller, Jackson 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.

May	1		Sold goods costing $8,400 to Powell Company on account, $14,000, terms 2/10, n/30. The goods are sold FOB shipping point, freight prepaid by seller, $390.
May	7		Powell Company returned damaged merchandise previously purchased on account, $1,000.
May	11		Received the amount due from Powell Company.

Note: The entry to record the shipping payment to the delivery company is not required in this problem.