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Antiques by Addie has a perpetual inventory system. Journalize the following transaction.. explaination are not...

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Accounting

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image Antiques by Addie has a perpetual inventory system. Journalize the following transaction.. explaination are not required the company estimated sales returns at the end of each month. Assume the company record sales at the net amount. Round all numbers to the nearest whole dollar.
Jan. 4 Sold $12,000 of antiques on account, credit terms are n/30. Cost of goods is $6,000. 8 Received a $300 sales return on damaged goods from the customer. Cost of goods damaged is $150. 13 Antiques by Addie received payment from the customer on the amount due from Jan. 4, less the return. 20 Sold $5,100 of antiques on account, credit terms are 2/10, n/45, FOB destination. Cost of goods is $2,550. 20 Antiques by Addie paid $150 on freight out. 29 Received payment from the customer on the amount due from Jan. 20, less the discount

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