Sales-Related Transactions Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $53,000, terms n/30. The cost of the merchandise sold is $31,800. Showcase Co. issues a credit memo for $10,600 as a price adjustment prior to Balboa Co. paying the original invoice. Question Content Area 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) -