On December 28, 2013, Silverman Enterprises sold $19,500 of merchandise to Beasley Co. with terms 2/10, n/30. The cost of the goods sold was $11,200. On December 31, 2013, Silverman prepared its adjusting entries, yearly financial statements, and closing entries. On January 3, 2014, Saverman Enterprises issued Beasley Co. a credit memo for returned merchandise. The invoice amount of the returned merchandise was $4,500 and the merchandise originally cost Silverman Enterprises $2,350. a. Journalize the entries by Silverman Enterprises to record the December 28, 2013 sale, using the net method under a perpetual Inventory system. If an amount box does not require an entry, leave it blank. 2013 Dec. 28 Accounts Receivable-Beasley Co. Sales 19,500 X 19,500 X 2013 Dec. 28 Cost of Goods Sold Feedback Inventory 11,200 11,200 Check My Work Record the credit sale as well as the cost of the merchandise sold. b. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3, 2014. If an amount box does not require an entry, leave it blank. 20Y4 Jan. 3 Customer Refunds Payable 4,500 X Accounts Receivable-Beasley Co. 4,500 X 2014 Jan. 3 Inventory 2.350 V Estimated Returns Inventory 2,350