Journalize the following transactions for Miller Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction.
December 6 Sold goods costing $3,000 to Patterson Company on account, $5,000, terms 2/10, n/30.
December 12 Patterson Company was granted an allowance of $300 for returned merchandise that was previously purchased on account. The returned goods are in perfect condition.
December 17 Received the amount due from Patterson Company.