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Recording Sales Transactions On June 24, 2017, Sunflower Company sold merchandise to Brooke Bowman for $140,000 with terms 2/10, n/30. On June 30, Bowman paid

Recording Sales Transactions On June 24, 2017, Sunflower Company sold merchandise to Brooke Bowman for $140,000 with terms 2/10, n/30. On June 30, Bowman paid $78,400 on her account and was allowed a discount for the timely payment. On July 20, Bowman paid $42,000 on her account and returned $18,000 of merchandise, claiming that it did not meet contract terms. Record the necessary journal entries for Sunflower Company on June 24, June 30, and July 20

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