Journalizing Sales Returns and Allowances Selected transactions are shown. June 1 John B. Abramowitz returned merchandise previously purchased on account (Sale No. 329), $73. 6 Marie L. Perez returned merchandise previously purchased on account (Sale No. 321), $44. 8 L. B. Gruder returned merchandise previously purchased on account (Sale No. 299), $24. 1. Enter the transactions starting on page 60 of a general journal. Enter the posting references when you complete part 2. GENERAL JOURNAL PAGE 60 DATE DESCRIPTION POST. REF.DEBIT CREDIT 20-- June 1 / Returned merchandise June 6 / Returned merchandise June 8 / Returned merchandise