Question 2 Presented below are transactions related to Teal Company. 1. On December 3, Teal Company sold $559,000 of merchandise to Maris Co., terms 1/10, n/30, FOB shipping point. 2. On December 8, Maris Co. was granted an allowance of $15,000 for merchandise purchased on December 3. 3. On December 13, Teal Company received the balance due from Maris Co. (a) Prepare the journal entries to record these transactions on the books of Teal Company using a periodic inventory system. (Credit account titles are automa Indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o fort amounts.) No. Date Account Titles and Explanation Debit Credit 1. 2 3. Dec. 13 Click if you would like to Show Work for this question: Open Show Work