Journalize each of the following transactions assuming a perpetual inventory system. Oct. 15 Sold merchandise to Leslie

Question:

Journalize each of the following transactions assuming a perpetual inventory system.
Oct. 15 Sold merchandise to Leslie Garth for $900 (cost of sales $600); terms 1IS, n/20.
16 Issued a $100 credit memorandum to Leslie Garth regarding an allowance on the October 15 sale.
25 Collected the amount owing regarding the October 15 sale to Leslie Garth, less the allowance granted on October 16.