Try another version of this question Journalize the following transactions for Iron Sports Corp.: November 5 Iron Sports Corp. sold $64,000 of merchandise on account with credit terms of 2/10, n/30. Cost of merchandise sold was $29,300. November 6 Iron Sports Corp. received $4,100 sales return on damaged goods from the customer. The cost of merchandise returned was $2,100. November 15 Iron Sports Corp. received payment from the customer on the amount due, less the return and discount. Date Description Debit Credit November 5 November 5 November 5 November 5 November 6 November 6 November 6 November 6 November 15 November 15 November 15 Date Description Debit Credit November 5 A/R 64,000 November 5 Sales Revenue 64,000 November 5 COGS 29,300 November 5 Merchandise Inventory 29,300 November 6 Sales Return & Allowance 4,100 November 6 A/R 4,100 November 6 Merchandise Inventory 2,100 November 6 COGS 2,100 November 15 Cash 58,702 November 15 Sales Discount 1,198 November 15 A/R 59,900