Question: Journalize the following sales transactions for Sanborn Camera Store using the periodic inventory system. Explanations are not required. Dec. 3 Sanborn sold $41,900 of camera

Journalize the following sales transactions for Sanborn Camera Store using the periodic inventory system. Explanations are not required.
Dec. 3 Sanborn sold $41,900 of camera equipment on account, credit terms are 3/15, n/EOM.
17 Sanborn receives payment from the customer on the amount due less the discount.

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