Modern Interiors reported the following transactions in January: 0 (Click on the icon to view the transactions.) Requirements 1. Record the foregoing transactions in the journal of Modern Interiors. (You do not need to make the cost of sales, estimated refunds, or cost of estimated returns journal entries; assume that 2. Prepare a computation of net sales for the month of January. Jan 15: Ortiz returned $900 of the merchandise purchased on January 10. More Info these entries will be made by the company when it makes its other adjusting entries at period end.) (Use the net method to record the sales transactions.) Journal Entry Date Accounts Jan 2 Sold merchandise on account to Emilie Bothwell, $1,600, terms 3/10, n/30 Sales Returns and Allowances Jan 15 10 Sold merchandise on account to Alia Ortiz, $1,900, terms 2/10, n/30. 11 Collected payment from Emilie Bothwell for the January 2 sale 15 Ortiz returned $900 of the merchandise purchased on January 10. 19 Collected payment from Alia Ortiz for the balance of the January 10 sale Accounts Receivable-Alia Ortiz Jan 19: Collected payment from Alia Ortiz for the balance of the January 10 Print Done Journal Entry Date Accounts Debit Credit Jan 19 hoose from any list or enter any number in the inout fields and then click Check