Question: help me journalize this please for practice Sold merchandise an account, $14,100, with terms 2710, net 30 on December 26. The cost of the goods

 help me journalize this please for practice Sold merchandise an account,

help me journalize this please for practice

Sold merchandise an account, $14,100, with terms 2710, net 30 on December 26. The cost of the goods sold was 59,165 Received payment on December 31 within the discount period Required: Journal the above merchandise transactions The company uses the perpetual inventory System Refer to the Chart of Accounts for exact wording of accounts

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