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PART II - RECEIVABLES A. Journalize the following transactions for Mica Company. (7 points) 1. On April 12, sold $12,000 of merchandise to Luis Inc.,

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PART II - RECEIVABLES A. Journalize the following transactions for Mica Company. (7 points) 1. On April 12, sold $12,000 of merchandise to Luis Inc., terms 2/10, n/30. 2. On April 15, Luis returned $2,500 of merchandise. 3. On April 22, Luis paid for the merchandise. Calculate for the Net Sales (2 points)

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