09831 Question 2 Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual inventory system Of no entry ls required select "No Entry for the account titles and enter O for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) la) On March 2, Sheridan Company sold $ 944,100 of merchandise to Crane Company, terms 3/10, n/30. The cost of the merchandise sold was$ 529,100 b) On March 6, Crane Company returned $ 112,100 of the merchandise purchased on March 2. The cost of the merchandise returned was 5 60,100 lc) On March 12, Sheridan Company received the balance due from Crane Company No. Date Account Titles and Explanation Debit Credit To record sale of merchandise To record return of G Search or type URL 3 5 6 8 9 0