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Current Attempt in Progress Sheridan Company is a furniture retailer and uses the perpetual inventory system on January 14, 2022. Sheridan purchased merchandise inventory at

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Current Attempt in Progress Sheridan Company is a furniture retailer and uses the perpetual inventory system on January 14, 2022. Sheridan purchased merchandise inventory at a cost of $52.000 Creditters were 2/10, 1/30. The inventory was solda account for $61.000 on January 21, 2022. Credit terms were 1/10. 30. The accounts payable was settled on January 23, 2022. and the accounts receivables were settled on January 30, 2022 Prepare journal entries to record each of these transactions are automatically indented when them e Domin u m in the order presented the problem Date Account Titles and Explanation To record credit sale) To record cost of good old)

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