Part 2-60 points. Each problem is worth 20 points Hiatt Company uses a s Record the following transactions in the appropriate journals. The cost of all merchandise sold was 7 of the sales price. July 2 Sold merchandise for $15,000 to B. Pine on account. Credit terms 2/10, n/30. Sales invoice No. 100. July 5 Received a check for $800 from R. Giger in payment of his account. July 10 Received a check in payment of invoice No. 100 from B. Pine minus the 2% discount. ales journal and a cash receipts journal to record transactions with its customers. 0%