(a) On March 2, Oriole Company sold $704,000 of merchandise to Pharoah Compary on account. The cost of the merchandise sold was $475,200. (b) On March 6, Pharoah Company returned $123,200 of the merchandise purchased on March 2 The cost of the merchandise returned was $82,720. (c) On March 12, Oriole Company received the balance due from Pharoah Comparry. Decreases in assets, llobilities or stockholders' equily nequlre a neguthe sign or porentheses. increases in expenses require a nesuthe sign or parantheses. - Reductions in revenues requine a negative sisn or parentheses. (a) On March 2, Oriole Company sold $704,000 of merchandise to Pharoah Compary on account. The cost of the merchandise sold was $475,200. (b) On March 6, Pharoah Company returned $123,200 of the merchandise purchased on March 2 The cost of the merchandise returned was $82,720. (c) On March 12, Oriole Company received the balance due from Pharoah Comparry. Decreases in assets, llobilities or stockholders' equily nequlre a neguthe sign or porentheses. increases in expenses require a nesuthe sign or parantheses. - Reductions in revenues requine a negative sisn or parentheses