Journalize the following transactions on the books of Monroe Sales Company, assuming a perpetual inventory system is used and adjustments for customer refunds and estimated returns inventory were made at year-end. Monroe Sales Company uses the net method to record sales.

(a) On December 27, 20Y8, Monroe Sales sells $9,525 on account to Garrison Brewer with terms of 3/10, n/30. The cost of the merchandise sold was $6,905.

(b) On January 2, 20Y9, a $145 credit memo is given to Garrison Brewer due to returned merchandise. The cost of the returned merchandise was $75.

(c) On January 4, 20Y9, Garrison Brewer submits payment in full.