Account Titles and Explanation

Debit

Credit

$($To record aedt sale$)$

$$

$$

$$

$$

$$

$($To record cost of merchandise sold$)$

Account Tites and Explanation

Debit

credit

$($To record nerchandise returned$)$

$($To recard cost of merchandise retumes$)$

On March $12,$ Crane Company received the balance due from Pronghorn Company. $($List all debit entries before credit entries. Credit account titles ore outomatically indented when amount is er$)$ the account titles and enter $0$ for the amounts$)$

$$

Debit

Credit