July 20 Sold and shipped $50,000 merchandise on account to Patrick, Inc., terms 2/10, n/30. The cost of merchandise sold is $40,000. 22 Patrick, Inc. returned merchandise billed at $15,000 on July 20. The cost of merchandise returned is $12,000. 28 Received a check from Patrick, Inc. for full settlement of the July 20 transaction. Based on the information given, answer questions 14-16. Which of the following journal entries correctly record the transaction on July 20?

July 20 Sold and shipped $50,000 merchandise on account to Patrick, Inc., terms 2/10,n/30. The cost of merchandse sold is $40,000 22 Patrick, Inc. returned merchandise billed at $15,000 on July 20 . The cost of merchandise returned is $12,000 28 Received a check from Patrick, Inc. for full settlement of the July 20 transaction Based on the information given, answer questions 14-16. Which of the following journal Antries correctly record the transaction on July 20