On March 25, Osgood Company sold merchandise on account, $4,000 terms n/30. The applicable sales tax percentage is 5%. Record the transaction. If an amount box does not require an entry, leave it blank. Mar. 25 On March 29, customers who owe $14,154 on account to Sonic Sales Company submit payments of $5,085. Journalize this transaction. Mar. 29 Journalize the following merchandise transactions: a. Sold merchandise on account, $14,000, with terms 2/10, net 30. The cost of the merchandise sold was $9,100. Sale Cost b. Received payment within the discount period