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Journalize the following transactions: May 4 Sundry Inc. sold merchandise on account to Bingo Inc., $12,000, terms FOB destination, 2/10 n/30. The cost of the

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Journalize the following transactions: May 4 Sundry Inc. sold merchandise on account to Bingo Inc., $12,000, terms FOB destination, 2/10 n/30. The cost of the goods sold was $3,000 May 6 Sundry Inc, pald $335 in freight charges. May 14 Sundry Inc. issued Bingo Inc, a credit memo for merchandise retumed, $1,000. The cost of the goods returned was $250, May 31 Sundry Inc. received payment from Bingo Inc for purchase of May 4

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