QS 5-11Sale of merchandise: allowance perpetual LO3 Journalize each of the following transactions assuming a perpetual inventory system. Oct 15 Sold merchandise to Leslie Garth for $900 (cost of salos $600): terms 1/5, 120. issued a $100 creat memo to Leslie Garth regarding an allowance on the October 15 sale. 25 Collected the amount owing regarding the October 15 sale to Lost Garth. Joss the allowance granted on October 16