Question: QUESTION 18 5 points Save Answer Craig's Snowboards uses the perpetual inventory system and the gross method of accounting for sales, and had the following

QUESTION 18 5 points Save Answer Craig's Snowboards uses the perpetual inventory system and the gross method of accounting for sales, and had the following sales transactions during June June 2 Sold merchandise to General Sports Store on credit for $4,800, terms 1/15, 1/60. The items sold had a cost of $2,700 June 4 General Sports Store returned merchandise that had a selling price of $200. The cost of the merchandise returned was $110. June 13 General Sports Store paid for the merchandise sold on June 2 less the return, taking any appropriate discount eamed Prepare the journal entries that Craig's Snowboards must make to record these transactions For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac), BTV. Paragraph Arial 10pt !!! 111 A

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