Eduardo's Bicycle Shop paid the balance due on March 21 Both Eduardo's Bicycle Shop and Sale Company use a perpetual Inventory system Sale Company's cost of the bicycles sold to Eduardo's Bicycle Shop was $1.254. Sale Company's cost of the returned merchandise was $252 Requirement 1. Record these transactions and Eduardo's cash payment on March 21 in the books of Eduardo's Bicycle Shop (Record debits first, the whole dollar) Required 1. Record these transactions and Eduardo's cash payment on March 21 in the books of Eduardo's Bicycle Shop 2. Record what the books of Sale Company, which makes and sells bicycles, would record Invoice March 14, 2020 Date: Sold to: Eduardo's Bicycle Shop Sold by: Sale Company Terms 3/10, n/30 Bicycles items Purchased Quantity Price Total 9 $ 168 $ 1.512 2. 116 232 10 96 960 Total S 2.704 Debit Memo Date: March 20, 2020 Sold to: Sale Company Sold by Eduardo's Bicycle Shop Items Returned Bicycles Quantity Price Total 2 S 168 $ 336 232 2 116 5 568 Total Reason Damaged in shipment ei Accounts Payable Syd Accounts Receivable o's ny's Bicycles Cash - U Cost of Goods Sold Inventory Sales Discounts let Sales Returns and Allowances Sales Revenue Selling Expenses Supplies ra March 21: Sale Company receives the balance due from Eduardo's Bicycle Shop. Journal Entry Date Accounts Debit Credit Mar