Tom Wholeseller uses the perpetual inventory system to record its
inventories.
June 5th. Sold, on account, merchandises valued at $45,000 to Joe
Customer. The merchandises had originally cost Tom Wholeseller
$15,000. Credit terms were 2/10, n/30.
June 11th. Joe Customer returned merchandises valued at $8,000.
Tom Wholeseller had originally purchased those merchandises for
3,500.
June 14th. Joe Customer settled the account.
Prepare the 3 journal entries in the Diagonal Box
for Tom Wholeseller.