June Sheridan Company purchased $10,260 worth of merchandise, on account from Hayes Company. The cost of the merchandise was $7,182 Sheridan returned $570 worth of goods to Hayes. The goods had a cost of $399 to Hayes. Sheridan paid the account in full. 12 12 Assume use of the perpetual inventory system for both companies. Prepare separate tabular summaries to record these transactions in Sheridan's records. (Enter negative amounts using either a negative sin preceding the number es. -45 or parentheses es (451) Assets Liabilities Cash Inventory Comme Accounts Payable $ $ $ June 4 $ Assume use of the perpetual inventory system for both companies Prepare separate tabular summaries to record these transactions in Sheridan's records. (Enter negative amounts using either a negotive sin preceding the number es. - 45 or parentheseses (45) Assets Liabilities Cash Common Sto Inventory Accounts Payable $ 4 $ 2 Assume use of the perpetual inventory system for both companies. Prepare separate tabular summaries to record these transactions in Sheridan's records. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es. (45) Stockholder's Equity Retained Earnings Rev. Common Stock Exp. Div. $ Prepare separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts using either a negative sign preceding the number 08 45 or parentheses es (451) Assets Liabi Cash Accounts Receivable Inventory Account June 4 $ $ $ 12 12 Prepare separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses cs. (451) Liabilities Stockholder's Equh Accounts Payable Common Stock Rev. Exp. $ Prepare separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts tsing either a negative sin preceding the number eg.-45 or parenthesese..(451) Stockholder's Equity Retained Earnings Rev. Exp. Div. $ $ Sales revenue Cost of goods sold Sales returns & allowances