Sales Revenue 4,074 Now journalize the expense related to the Jan. 20 saleCost of goods, $2,100. More Info x Date Accounts Debit Credit Jan. 20 Cost of Goods Sold 2.100 Merchandise Inventory 2,100 Jan. Jan. 20: Vintage World paid $120 on freight out. 4 Sold $12,000 of antiques on account, credit terms are n/30. Cost of goods is $6,000. 8 Received a $400 sales return on damaged goods from the customer. Cost of goods damaged is $200. 13 Vintage World received payment from the customer on the amount due from Jan. 4, less the return. 20 Sold $4,200 of antiques on account, credit terms are 3/10, n/45, FOB destination. Cost of goods is $2,100. 20 Vintage World paid $120 on freight out. 29 Received payment from the customer on the amount due from Jan. 20, less the discount. Date Accounts Debit Credit Jan. 20 Delivery Expense 120 Cash 120 Jan. 29: Received payment from the customer on the amount due from Jan. 20, less the discount. Print Done Date Accounts Debit Credit Jan. 29 Cash 4,074 Purchase Discounts Accounts Receivable