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Brief Exercise 5-4 Prepare the joumal entries to record the following transactions on Crane Company's books using a perpetual inventory system. (If no entry is

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Brief Exercise 5-4 Prepare the joumal entries to record the following transactions on Crane Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. De nor Indent manually. Record journal entries in the order presented in the problem.) On March 2, Sheridan Company sold $881,500 of merchandise to Crane Company, terms 3/10, 1/30. The cost of the merchandise sold was $519,100. (b) On March 6, Crane Company returned $100,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $68,800 (c) On March 12, Sheridan Company received the balance due from Crane Company No. Account Tities and Explanation Debit Credit (a) . Date (b) (c) . Click if you would like to show Work for this questions OS Work SHOW LIST OF ACCOUNTS AS RAD MacBook

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