Exercise 5-5 re the journal entries to record these transactions on Opps Company's books under a perpetual inventory system. March 2, Novy Company sold $916,000 of merchandise to Opps Company, terms 2/10, n/30. The cost of the merchandise sold was $597,000. (Credit account tbtles a Debit Credit SHOW LIST dy On March 6, Opps Company returned $91,600 of the merchandise purchased on March 2The cost of the returned merchandise was $54,900. (Credit account titles are a indent manually.) Account Titles and Explanation Debit Credit LEST OF ACCOUNTS here to search