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Sales-Related Transactions Showcase Co, a furniture wholesaler, sells merchandise to Balboa Co. credit memo for $9,900 for merchandise returned prior to Balboa on account, s$49,500,

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Sales-Related Transactions Showcase Co, a furniture wholesaler, sells merchandise to Balboa Co. credit memo for $9,900 for merchandise returned prior to Balboa on account, s$49,500, terms n/30. The cost of the merchandise sold is $29,700, Showcase Co. Issues a Co, paying the original invoice. The cost of the merchandise returned is s5,900. a. Journalize Showcase Co.'s entries for (2) the sale, including (2) the cost of the merchandise solid b Journalize Showcase Co.'s entries for (1) the credit memo, including (2) the cost of the returned merchandise. from Balboa Co c. Journalize Showcase Co.'s entry for the receipt of the check for the amount due Next

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