On June 10, Sheridan Company purchased $8,820 of merchandise from Sunland Company, on account, terms 3/10,n/30. Sheridan pays the freight costs of $520 on June 11. Goods totaling $620 are returned to Sunland for credit on June 12. On June 19. Sheridan Company pays Sunland Company in full, less the purchase discount. Both companies use a perpetual inventory system. Use a tabular summary to record transaction on the books of Sheridan Company. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Assets Liabilities Accounts Payable Cash Date Inventory Coi $ S $ Oct. $ 10 11 12 19 Stockholders' Equity Retained Earnings Rev. Common Stock Exp. Div. $ $ $ $ Div.