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On March 2, Splish Brothers Inc. sold $ 971,000 of merchandise on account to Sheffield Company, terms 2/10,n/30. The cost of the merchandise sold was

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On March 2, Splish Brothers Inc. sold $ 971,000 of merchandise on account to Sheffield Company, terms 2/10,n/30. The cost of the merchandise sold was $611,000. (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) (To record cost of merchandise sold) (9 ME

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