ournalize the following merchandise transactions: a. Sold merchandise on account, $24,650 with terms n/30. The cost of the goods sold was $14,790. If an amount box does not require an entry, leave it blank. Account Debit Credit 88 b. Received payment. If an amount box does not require an entry, leave it blank. Account Debit Credit c. Refunded $310 to customer for defective merchandise that was not returned. If an amount box does not require an entry, leave it blank Account Debit Credit