Try another version of this question Journalize the following transactions for Iron Sports Corp.: November 4 Iron Sports Corp. sold $63,500 of merchandise on account with credit terms of 2/10, n/30. Cost of merchandise sold was $30,300. November 9 Iron Sports Corp. received $4,300 sales return on damaged goods from the customer. The cost of merchandise returned was $2,700. November 12 Iron Sports Corp. received payment from the customer on the amount due, less the return and discount. Date Description Debit Credit November 4 November 4 November 4 November 4 November 9 November 9 November 9 November 9 November 12 November 12 November 12 Date Description Debit Credit November 4 A/R 63,500 November 4 Sales Revenue 63,500 November 4 COGS 30,300 November 4 Merchandise Inventory 30,300 November 9 Sales Return & Allowance 4,300 November 9 A/R 4,300 November 9 Merchandise Inventory 2,700 November 9 COGS 2,700 November 12 Cash 58,016 November 12 Sales Discount 1,184 November 12 A/R 59,200