Joumalor the following morchandise transactions. Refor to the chart of accounts for the exact wording of the acoount bles. CNOW journats do not ese dines for fournar explienatians. Mar. 1 Sold merehandse on account, $76,550 with terms 210, n30. The cost of the morchandise soid was $44,950. 9 Heceved payment less the disoount. 13 lseuod a $2,400 credit memo for damaged morchandiso. The customer agroed to heep the merchardise.