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(a) (b) On March 2, Sunland Company sold $885,600 of merchandise to Splish Brothers Company on account, terms 2/10,n/30. The cost of the merchandise sold
(a) (b) On March 2, Sunland Company sold $885,600 of merchandise to Splish Brothers Company on account, terms 2/10,n/30. The cost of the merchandise sold was $519,500. On March 6, Splish Brothers Company returned $110,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $63,000. On March 12, Sunland Company received the balance due from Splish Brothers Company. (c) No. Date Account Titles and Explanation Debit Credit (a) (To record sale of merchandise) (b) (To record return of merchandise) (c) March 12
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