Required informetion Use the following information for the Exercises below. [The following information applies to the guestions displayed below] Alted Merchandisers was organized on May 1. Macy Company is a major custoener (0uyer) of Nlied (sellen products. credit terns 2710 , n/60. The goods cont Allied $15,000. the Sits, with rest 51,250 , to its inventery. allnaences, ast any caih discoust. Exercise 4.6 (Static) Recording sales, sales returns, and sales allowances LO P2 Prepare joumat entries to record the following tarisactons for Alied assuming it uses a perpetual imventory system and the gross inethod Required informetion Use the following information for the Exercises below. [The following information applies to the guestions displayed below] Alted Merchandisers was organized on May 1. Macy Company is a major custoener (0uyer) of Nlied (sellen products. credit terns 2710 , n/60. The goods cont Allied $15,000. the Sits, with rest 51,250 , to its inventery. allnaences, ast any caih discoust. Exercise 4.6 (Static) Recording sales, sales returns, and sales allowances LO P2 Prepare joumat entries to record the following tarisactons for Alied assuming it uses a perpetual imventory system and the gross inethod