O 01:57:07 Hide Timer Question 23 View Policies Current Attempt in Progress On August 7, Imports to Sheridan Co. sold merchandise with a cost of $252 for $660 to Jade Biggs, who used an Imports to Sheridan Co. credit card for payment. On August 15, Jade returned $110 of merchandise that was damaged and the goods were scrapped. On September 7, Imports to Sheridan Co.recorded interest on the credit card balance owing on Jade Biggs's account. Imports to Sheridan Co. charges 18% on any balance owing on its credit cards Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem. Round answers to 2 decimal places, eg. 52.75.) Date Account Titles and Explanation Debit Credit (To record credit card sale on account.) (To record cost of goods sold.) Type here to search t e D o Date Account Titles and Explanation Debit Credit 01:56:49 Hide Timer (To record credit card sale on account.) (To record cost of goods sold.) (To record refund on credit card sale.) (To record interest earned.) Save for Later Attempts: 0 of 1 used Submit