On March 2nd Novy company sold 954000 of merchandise to opps Company terms 4/10 n/30 cost of merchandise sold 565000.

On March 6, Opps company returned 95400 of the merchandise purchased on March 2. cost of returned merchandise was 59000

On March 12, Not received the balance due from Opps company

how do I fill out the balance due journal entry?

ctice nment MESSAGE MY INSTRUCTOR FULL SCREEN Brief Exercise 5-4 Prepare the journal entries to record the following transactions on Novy Company's books using a perpetual inventory system. 2 Your answer is correct. On March 2, Novy Company sold $954,000 of merchandise to Opps Company, terms 4/10, n/30. The cost of the merchandise sold was $565,000. ( automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit unts Recaivab To record credt sale) udy 565000 To record cst of merchandise sold)