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Suppose Zena.com sells 2,500 books on account for $20 each. The cost of the books is $21,000, and credit terms are 1/20, n/45 on July 8, 2019 to Books-R-Us. There were 150 books, with a cost of $1,140, damaged in shipment. Later Zena.com received the damaged goods returned from Boooks-R-Us as a sales return on July 17, 2019.  On July 22, 2019, Books-R-Us paid the balance due to Zena.com.

A) Journalize Books-R-Us transactions for July 2019.

Journal
DateDescriptionDebitCredit
July 8
July 8
July 17
July 17
July 22
July 22
July 22

B) Journalize Zena.com transactions for July 2019.

Journal
DateDescriptionDebitCredit
July 8
July 8
July 8
July 8
July 17
July 17
July 17
July 17
July 22
July 22
July 22