On March 2, Windsor, Inc. sold $817,000 of merchandise on account to Pina Colada Company, terms 4/10, n/30. The cost of the merchandise sold was $527,000. (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 0 for the amounts.)

On March 6, Pina Colada Company returned $81,700 of the merchandise purchased on March 2. The cost of the returned merchandise was $52,700. (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 0 for the amounts.)

Brief Exercise 5-4 (Part Level Submission) Prepare the journal entries to record the following transactions on Windsor, Inc.s books using a perpetual inventory system.

Brief Exercise 5-4 (Part Level Submission) Prepare the journal entries to record the following transactions on Windsor, Inc.'s books using a perpetual inventory system. Your answer is partially correct. Try again. On March 12, Windsor, Inc. received the balance due from Pina Colada Company. (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 o for the amounts.) Account Titles and Explanation Debit Credit Cash 735300 x Accounts Receivable 735300 x Sales Discounts