Jan. $20$: Sold $$4,400$ of antiques on account, credit terms are $\frac{2}{10},\frac{n}{45},$ FOB destination, to Wesley Furniture. Cost of goods is $$2,200.$

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.

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Jan$.20,$Accounts Receivable$-$Wesley Furniture,,$],[,$Sales Revenue,,$],[,,,]]$

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