I am working on journalizing perpetual inventory and I just want to see if anyone can check what I came up with to ensure my information is accurate. If not can someone please put me on the right track. Thank you

a. Sold 480,000 of merchandise to Simons Co. terms 2/10, n/30, FOB shipping point. The cost of the merchandise sold was $350,000.

I have:

Account Revenue.............480,000
Sales .......................................480,000
Cost of goods sold ..........350,000
Merchandise Inventory ................350,000

b. On Dec. 8 Simonis Co. was granted an allowance of 27,000 for merchandise purchased on Dec. 3.

I have:

Sales Returns and Allowances........27,000
Accounts Receivable ...............................27,000

c. On Dec. 13, Rebecca Co. received the balance due from Simonis Co.

Cash ............................ 470,400
Sales Discount....................9,600
Accounts Receivable ...................480,000