Try another version of this question Journalize the following transactions for Iron Sports Corp.: June 2 Iron Sports Corp. sold $65,000 of merchandise on account with credit terms of 2/10, n/30. Cost of merchandise sold was $34,800. June 6 Iron Sports Corp. received $4,600 sales return on damaged goods from the customer. The cost of merchandise returned was $2,200. June 12 Iron Sports Corp. received payment from the customer on the amount due, less the return and discount. Date Description Debit Credit June 2 June 2 June 2 June 2 June 6 June 6 June 6 June 6 June 12 June 12 June 12 Date Description Debit Credit June 2 A/R 65,000 June 2 Sales Revenue 65,000 June 2 COGS 34,800 June 2 Merchandise Inventory 34,800 June 6 Sales Return & Allowance 4,600 June 6 A/R 4,600 June 6 Merchandise Inventory 2,200 June 6 COGS 2,200 June 12 Cash 59,192 June 12 Sales Discount 1,208 June 12 A/R 60,400