Sales Transactions

Journalize the following merchandise transactions?

a$.$ Sold merchandise on account, $$12,300$ with terms $\frac{2}{10},\frac{n}{30}.$ The cost of the merchandise sold was $$7,380.$ If an amount box does not require an entry, leave it blank.

Sale

Cost

b$.$ Received payment less the discount. If an amount box does not require an entry, leave it blank.

C$.$ Issued a $$1,050$ credit memo for damaged merchandise. The customer agreed to keep the merchandise. If an amount box does not require an entry, leave it blank.

$.$