No results Options ow of Costs Weygandt, Financial Accounting, 10e Help I Sytem Announcements PRINTER VERSION 'BACK Brief Exercise 5-5 t2 Prepare the journal entries to record the following transactions on Kingbird, Inc.'s books using a perpetual inventory system. 5-3 2.54 Your answer is partially correct. Try again. On March 2, Ayayai Company sold $945,000 of merchandise on account to Kingbird, Inc., terms 3/10, n/30. The cost of the merchandise sold was $564,000. (Credit account titles are automatically indented when amount is entered. Do not indent mansally. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) s by Account Titles and Explanation Debit Credit Cost of Goods Sold Inventory 945000 VID TUTOREAL 2 Your answer is partially correct. Try again