III Homework: Ch 5 HW: Part 1 & 2 Question 10, SF5-5 (similar to) Part 1 of 4 HW Score: 65.51%, 9.83 of 15 points O Points: 0 of 1 Save Journalize the following sales transactions for Lisa's Boutique. Explanations are not required. The company estimates sales returns at the end of each month. (Assume the company uses a perpetual inventory system and records sales at the net amount.) (Click the icon to view the transactions.) Journalize the sales transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Mar. 3: Lisa sold $68,000 of women's clothes on account, credit terms are 3/10, n/30, to Mel's Dresses. Cost of goods is $38,000. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Mar. 3 Accounts Debit Credit