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PART III - Mini Problems Journalize the following sales transactions for Ellen's Sportswear. Explanations are not required. As a reminder, you need to record both
PART III - Mini Problems Journalize the following sales transactions for Ellen's Sportswear. Explanations are not required. As a reminder, you need to record both the journal entry for both the sales and the cost of goods sold/inventory in problem number 10. 8. April 2 - Ellen's Sportswear purchased dresses for $1,000 on Account with terms 2/10 net 30. 9. April 8 Ellen's Sportswear paid for the dresses they purchased on April 2 taking advantage of the discount by paying $980 instead of $1,000. 10. May 10, Ellen's Sportswear sold $10,000 of women's sportswear for Cash received where Cost of the goods is $5,000
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