Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $39,100, terms n/30. The cost of the goods sold is $23,500. Showcase Co. issues a credit memo for $7,800 for merchandise returned prior to Balboa Co. paying the original invoice. The cost of the merchandise returned is $4,700.

pewase C0, a furniture wholesale, selis merchandise to Baboi Co. on actount, 539,100 , terms N/30, The cont of the gooris sold is $23,500. Showease Co. issues a credit meno for $7.800 for Journalize showcave Co, 's entrist for (1) the swe, including ( 2 ) the cost of the goods sold. If an mnount bok does not require an entry, legve it blark