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Current Attempt in Progress Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual imventory system. (if no entry

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Current Attempt in Progress Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual imventory system. (if no entry is required, select 'No Entry' for the gccount titles and enter O for the amounts, Credit account titles are outomaticaily indented when omount is entered. Do not indent manuolly. Record journal entries in the order presented in the problem. List all debit entries before credit. entries.) (a) On March 2. Sheridan Compary sold $944,100 of merchandise fo Skysong Company on account, terms 3/10 n/30. The cont of the merchandise sold was $529,100. (b) On March 6, 5kysong Company returned \$112.100 of the merchandise purchased on March 2. The cost of the merchandise returned was 560,100 . (c) On March 12, Sheridan Company received the balance due from Skysong Company

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