Brief Exercise 18-10 sold of 120 3 The g0ods havO an invert g ridan's books of t380 o00 eridan Inc. for $612,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,078,553 (an inputed rate 2017, (a) Prepare the journal entries for Sheridan on March 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Date Mar. 1, 2017 (To record sales) (To record cost of goods sold) (b) Prepare the journal entries for Sheridan on December 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Date Dec. 31, 2017