On March 2, Ivanhoe Company sold $840,000 of merchandise on account to Sarasota Company, terms 3/10, 1/30. The cost of the merchandise sold was $603,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (To record credit sale) (a) On March 2, Pharoah Company sold $800,000 of merchandise on account to Flounder Company, terms 2/10, 1/30. The cost of the merchandise sold was $565,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Savotor Later Attempts: 0 of 1 used Submit Answer SHERIDAN CUMPA Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 12,000 7,500 2,200 22,800 5.100 Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5,800 5,000 29,440 3,800 Service Revenue 15,100 Salaries and Wages Expense 10,700 ITED - /20 E 3,800 15,100 10.700 Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense 700 740 40 Interest Payable 40 Totals 60.480 60.480 (a) Journalize the closing entries at April 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.)