Sales-Related Transactions Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $52,800, terms n/30. The cost of the merchandise sold is $31,700. Showcase Co. issues a credit memo for $10,600 as a price adjustment prior to Balboa Co. paying the original invoice. a. Journalize Showcase Co.'s entries for (1) the sale, including (2) the cost of the merchandise sold. If an amount box does not require an entry, leave it blank. (1) (2) b. Journalize Showcase Co.'s entry for the credit memo. If an amount box does not require an entry, leave it blank. I c. Journalize Showcase Co.'s entry for the receipt of the check for the amount due from Balboa Co. If an amount box does not require an entry, leave it blank.

Sales-Related Transactiens: Shevicase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $52,800, terms N/30. The cost of the merehandise sold is $31,700. Showease Co. issues a credit memo for $10,600 as a price adjustment prior to Bafboa Co. paying the original invoice. a. Journalize Showcase Co's entries for (1) the sale, including (2) the cost of the merchandise sold, If an amount bok does not require an entry, leave it blank