Question 23 (4 points) Merchandising Transactions, Perpetual (question 1 of 3) Below are sales transactions of Flower Company, who uses the perpetual inventory system: Oct. 12 Sold 25 bushels of flowers to a customer for $1,000 cash; cost of sale $700. Oct. 21 Sold 40 bushels of flowers for $30 per bushel on credit. Terms of the sale are 4/10, n/30, invoice dated October 21. Cost per bushel is $20 to Flower Company. Oct. 31 Received payment in full from the October 21 sale. . Record journal entries for the Oct. 12 sales transactions of Flower Company. If journal entry is required, please select at least one debit entry and one credit entry. If journal entry is not required, please select "no entry required"