mylab.pearson.com/Student/PlayerTest.aspx?testId=250460533¢erwin=yes ACCT 131 - CRN 40995 - Financial Accounting 1 - SM |- Test: Test #3 < Question 9 of 18 > Isaac Vazquez This test: 100 point(s) possible This question: 10 point(s) possible 05/22/23 2:00 AM Submit test Moonshine Jewelry sells to retailers who then resell the products. Moonshine does not offer sales discounts for early payment; it asks that customers pay in full within 15 days or at the point of sale with a credit card. The company had the following selected transactions during July: i (Click the icon to view the transactions.) Read the requirements. Date Accounts Debit Credit July 17 Accounts Receivable-Podnar Stones Sales Revenue 30,000 30,000 July 19: Podnar Stones noticed that some of the merchandise received was damaged, so it returned $4,500 worth of merchandise to Moonshine. (Assume that expected future returns have been recorded.) Journal Entry Date July 19 Accounts July 30: Podnar Stones paid the balance of what it owed for the purchase on July 17. Date July 30 Journal Entry Accounts Debit Credit Debit Credit Time Limit: 01:30:00 Next