J&P Company completed the following transactions in October. T&Pues perpetual inventory system Credit Sales Sales Returns Date of Date Amount Term Date Amount Collection Oct 11 $1.500 10.0/30 Oct. 14 $300 Oct. 16 SALE COGS Oct 19 $5,000 110, 30 Oct 29 Required 3% DISCOUNT / 10 DAYS, OTHER DUE Prepare 1&P's journal entries for the Oct 11 sale, the Oct 14 return and the Oct 16 collection The merchandise sold on Oct. Il cost J&P $1.200. The merchandise returned on Oct 14 cost $ 30 DAYS J&P $240. Use the Net Method of accounting for discounts