The adjusted trial balance of Tarrant company included the following accounts each with a normal balance:

Prepare a multiple step income statement for the year ended December 31 2018

8 points) Part II June 4 Company. The cost. Seller Company sold $20,000 worth of merchandise, terms 2/10 of the merchandise was $12,000. 6 Buyer pays Roadway Parcel Service $560 for freight charges on the merchandise purchased. 8 Buyer Company retumed S1,000 worth of goods to Seller Company for full credit. The goods had a cost of $600 to Seller Company. 14 Seller Company received appropriate payment from Buyer Company l Assume Seller Company uses the perpetual inventory system Instructions: Prepare the journal entries to record these transactions for Seller Companv. Skip a line between entries. Seller Company General Journal Date Account Title Debit Credit 20