Journalize the September transactions. The following transactions are for Solarte Company. On December 3, Solarte Company sold $500,000 of merchandise to Rooney Co., terms 1/10, n/30. The cost of the merchandise sold was $330,000. On December 8, Rooney Co. was granted an allowance of $25,000 for merchandise purchased on December 3. On December 13, Solarte Company received the balance due from Rooney Co. Instructions (a) Prepare the journal entries to record these transactions on the books of Solarte Company Solarte uses a perpetual inventory system