Sales-related transactions Sayers Co. sold merchandise on account to a customer for $80,000 terms 2/10, n/30. The cost of the goods sold was $58,000. Journalize Sayers' entries to record (A) the sale,...

Sales-related transactions
Sayers Co. sold merchandise on account to a customer for $80,000 terms
2/10, n/30. The cost of the goods sold was $58,000. Journalize Sayers' entries to record (A) the sale, (B) the receipt of payment within the
discount period, and (C) the receipt of payment beyond the discount
period of ten days.