Explanation for photos:

2nd image is missing portion to photo above

3rd image is the options for the drop downs

Use a tabular summary to record the following transactions for Sandhill Co. using a perpetual inventory system. (a) On March 2, Sandhill Co.sold $851,800 of merchandise to Carla Vista Co.on account. The cost of the merchandise sold was $537,700. (b) On March 6, Carla Vista Co. returned $103,700 of the merchandise purchased on March 2. The cost of the merchandise returned was $68,000. (c) On March 12, Sandhill Co.received the balance due from Carla Vista Co.. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e... (45)) Assets - Liabilities + Stockholders' Equity Retained E: Cash + Accts. Rec. + Inv. - Accts. Pay. + mmon Stock + Rev. - Exp. a) Mar. 2$ b) 6 0 12 Stockholders' Equity Retained Earnings Rev. - Exp. Accounts receivable Bad debt expense Sales returns & allowances Sales revenue Cost of goods sold