Current Attempt in Progress Prepare the journal entries to record the following transactions on Borst Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) O for the amounts. Credit account titles are On March 2, Borst Company sold $800,000 of merchandise to McLeena Company on account, terms 2/10, n/30. The cost of the merchandise sold was $540,000 On March 6, McLeena Company returned $140,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $94,000 (a) (b) (c) On March 12, Borst Company received the balance due from McLeena Company. Account Titles and Explanation Credit No. Date Debit () (To record sale of merchandise) (b) (To record return of merchandise) March 12 (c)