Journalize the following transactions for Bridgeport Audio, Inc., that occurred during the month of November. Bridgeport Audio's cost of inventory is 55 percent of the sales price.

Nov 3 Sold $2,460 of merchandise on account, terms 4/15, n/45, FOB shipping point. Bridgeport Audio, Inc., prepaid $90 of shipping costs and added the amount to the customer's invoice.

7 Issued a credit memo to the customer acknowledging the return of $360 (sales price) of unwanted goods.

16 Received payment in full from the customer for the November 3 invoice.