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(a) On March 2, Oriole Company sold $855,000 of merchandise on account to Sheffield Company, terms 3/10, n/30. The cost of the merchandise sold was
(a) On March 2, Oriole Company sold $855,000 of merchandise on account to Sheffield Company, terms 3/10, n/30. The cost of the merchandise sold was $563,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation (To record credit sale) (To record cost of merchandise sold) Debit Credit
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