Score: 0 of 8 pts 2 of 2 (2 complete) HW Score: 46.67%, 7 of 15 E5A-28 (similar to) Question Help Journalize the following sales transactions for Medford Supply Explanations then credits. Exclude explanations from journal entries. Assume the perpetual inventory method is used and that the company uses the net amount to record sales) (Click the icon to view the transactions.) are not required. (Record debits first, Mar. 1: Medford Supply sold merchandise inventory for $3,600. The cost of the inventory was $1,440. The customer paid cash. Medford Supply was running a promotion and the customer received a $190 award at the time of sale that can be used at a future date on any Medford Supply merchandise. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step Debit Credit Accounts Date Mar. 1 Choose trom any list or enter anv number in the input fields and then click Check Answer Check Answer parts remaining Clear All 11:41 PM 4 d06/5/2019 a Being Slly! Work: Chapter 5 Homework Problems 8 pts 2 of 2 (2 complete) HW Score: 46.67%, 7 c 28 (similar to) Question Help bits f X More Info nd tha Mar 1 Medford Supply sold merchandise inventory for $3,600. The cost of the inventory was $1,440. The customer paid cash. Medford Supply running a promotion and the customer received a $190 award at the time of sale that can be used at a future date on any Medford Supply merchandise at the was elated 3 Sold $5.000 of supplies on account, credit terms are destination. Cost of goods is $2,000. 10 Received payment from the customer on the amount due from March 3, less the discount 1/10, n/45, FOB 15 The customer used the $190 award when purchasing merchandise inventory for 300, the cost of the inventory was $120. The customer paid cash Apr Done Print Fro Check Answer clear All aining 99+