Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising EcoMart uses a perpetual inventory system and the gross method. Oct. 1 Sold fair trade merchandise for $1,900, with credit terms n/30, invoice dated October 1. The cost of the merchandise is $1,100. 6 The customer in the October 1 sale returned $190 of fair trade merchandise for full credit. The merchandise which had cost $110, is returned to inventory. 9 Sold recycled leather merchandise for $900, with credit terms of 1/10, n/30, Invoice dated October 9. Cost of the merchandise is $610. 11 Received payment for the amount due from the October 1 sale less the return on October 6. View transaction list Journal entry worksheet 1 5 6 7 Sold fair trade merchandise for $1,900, with credit terms 1/30, Invoice dated October 1. Note: Enter debits before credits General Journal Dobit Credit Dato Oct 01 Record entry Clear entry View general Journal