Requirement 1. Journalize Silverlining's July transactions (You do not need to record the cost of goods sold or inventory entry or entries) (Record debits first, then credits. Exclude explanations from any journal entries.) July 2. Sold $70,000 of merchandise to Oberle Jewels on account. Journal Entry July Date 2 Accounts 25 Debit Credit

purnat entries) Juy 2 Sold $70,000 of merchendse to Oberin lowels on actount