Journalize the following transactions for the seller, Ross 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 Bell Company on account, $14,000, terms 2/10, n/30. The goods are sold FOB shipping point, freight prepaid by seller, $260. May 7 Bell Company returned damaged merchandise previously purchased on account, $1,000. May 12 Received the amount due from Bell Company. Note: The entry to record the shipping payment to the delivery company is not required in this problem. Date Account Title Debit Credit (Choose one)