Merchandise with a list price of $4,200 and costing $2,300 is sold on account, subject to the following termsi FOB destination, r/30. The seller prepays the freight costs of $85 (debit Delivery Expense for the freight costs). Prior to payment for the goods, the seller issues a credit memo for $750 to the customer for merchandise costing $425 that is returned. Payment is recelved within the credit period. The company uses a perpetual inventory system. Journalize the foregoing transactions of the seller in the following sequence: a. Sold the merchandise, recognizing the sale and cost of goods sold. b. Paid the freight charges. c. Issued the credit memo. d. Received payment from the customer