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CALCULATOR FULL SCLEN PRINTER VERSION BACK MEX BACK Brief Exercise 5-4 Prepare the journal entries to record the following transactions on McLeena Companys Entry for

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CALCULATOR FULL SCLEN PRINTER VERSION BACK MEX BACK Brief Exercise 5-4 Prepare the journal entries to record the following transactions on McLeena Companys Entry" for the account titles and enter 0 fo manually. Record journal entries in the order presented in the problem.) books using a perpetual inventory system. (4t no entry is required, select "No r the amounts, Credit account titles are automatically indented when amount is entered. Do not Indent (a) On March 2, Borst Company sold $800,000 of merchandise to Mcleena Company, terms 2/10, n/30. The cost of the merchandise sold was $540,000 (b) On March 6, McLeena Company returned $140,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $94,00. (c) On March 12, Borst Company received the balance due from McLeena Company. Debit No. Date Account Titles and Explanation (a) f Credit (b) f Click if you would like to Show Work for this question: Open Show.Work

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