The debits and credits for four related entries for a sale of $15,000, terms 1/10, n/30, are presented in the following T accounts. Cash (5) 13,860 Accounts Receivable (1) 14,850 (3) 990 13,860 Merchandise Inventory (4) 575|(2) 8,800 Estimated Returns Inventory (4) 575 Customer Refunds Payable (3) 990 Sales 103 14,850 Cost of Merchandise Sold (2) 8,800 Prev Merchandise Inventory (4) 575(2) 8,800 Estimated Returns Inventory (4) 575 Customer Refunds Payable (3) 990 Sales (1) 14,850 Cost of Merchandise Sold (2) 8,800 Describe each transaction. 1. 2. 3. 4. 5