BE5.3 (LO 3) Prepare the journal entries to record the following transactions on Benson Ltd.'s books using a perpetual inventory system. a. On March 2, Benson sold 800,000 of merchandise on account to Edgebrook Company, terms 2/10, n/30. The cost of the merchandise sold was 620,000. b. On March 6, Edgebrook returned 120,000 of the merchandise purchased on March 2. The cost of the returned merchandise was 90,000. c. On March 12, Benson received the balance due from Edgebrook