Brief Exercise 5-04 a-c Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. On March 2, Sunland Company sold $872,000 of merchandise on account to Marigold Company, tems 3/10, n/30. The cost of the merchandise sold was $542,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titlies and Explanation Debit Credit To record credt sale) To record cost of merchandse soid