Transactions Read the requirements. Requirement 1. Record Sawyer's transactions, including the cost of goods sold entry for each sale. March 3: Sold $15,600 of merchandise to Watford Company on account. March 21: Zuber reported that some of the merchandise received was the wrong colour and returned $1,040 worth of merchandise to Sawyer. In this step, record the sales return. The journal entry for the return of the inventory will be recorded in the next step. (Record debits first, then credits. Exclude explanations from any journal entries. Requirement 2. Calculate the net sales revenue for the month. Enter the net sales revenue from each sales transaction, then enter the total net sales revenue for the month. (Round your answers to the nearest whole dollar.)