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need the correct answer! ers: Lly 1. Sold merchandise on account to Landscapes Co., $14,600, terms FOB shipping point, n/eom. The cost of merchandise sold

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ers: Lly 1. Sold merchandise on account to Landscapes Co., $14,600, terms FOB shipping point, n/eom. The cost of merchandise sold was $8,800 2. Sold merchandise for $27,700 plus 8% sales tax to retail cash customers. The cost of merchandise sold was $18,000. 5. Sold merchandise on account to Peacock Company, $34,700, terms FOB destination, 1/10, 1/30. The cost of merchandise sold was $22,600. Date Account Debit Credit July 1- Cost of Merchandise Sold 18,000 X cost Merchandise Inventory 18,000 X

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