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Sales-related transactions 0 Instructions Chart of Accounts Journal Instructions On March 1, Showcase Co., a furniture wholesaler, sols merchandise to Balbon Co. on account, $254,500,

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Sales-related transactions 0 Instructions Chart of Accounts Journal Instructions On March 1, Showcase Co., a furniture wholesaler, sols merchandise to Balbon Co. on account, $254,500, torms n/30. The cost of the merchandise sold is $152,700. Showcase Co. Issues a great memo on March 5 for $30,000 for merchandise returned prior to Balboa Co. paying the original invoice on March 29. The cost of the merchandise returned is $17.500. Journalize Showcase Co.3 entries for (a) the sale, including the cost of the merchandise sol, (b) to credit momo, including the cost of the returned morchandise, and (c) the receptor the check for the amount due from Baibon Co. Refer to the Chart of Accounts for exact wording of account Mes

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