Try another version of this question Journalize the following transactions for Iron Sports Corp.: April 3 Iron Sports Corp. sold $68,000 of merchandise on account with credit terms of 2/10, n/30. Cost of merchandise sold was $34,100. April 10 Iron Sports Corp. received $4,300 sales return on damaged goods from the customer. The cost of merchandise returned was $2,000. April 13 Iron Sports Corp. received payment from the customer on the amount due, less the return and discount. Date Description Debit Credit April 3 April 3 April 3 April 3 April 10 April 10 April 10 April 10 April 13 April 13 April 13 Date Description Debit Credit April 3 A/R 68,000 April 3 Sales Revenue 68,000 April 3 COGS 34,100 April 3 Merchandise Inventory 34,100 April 10 Sales Return & Allowance 4,300 April 10 A/R 4,300 April 10 Merchandise Inventory 2,000 April 10 COGS 2,000 April 13 Cash 62,426 April 13 Sales Discount 1,274 April 13 A/R 63,700