On October 5, Pharoah Company buys merchandise on account from Sheffield Company. The selling price of the goods is $5.190, and the cost to Sheffield Company is $2,530. On October 8, Pharoah returns defective goods with a selling price of $650 and a fair value of $115. Sheffield Company uses the perpetual inventory system Record the transactions on the books of Sheffield Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Account Titles and Explanation Date Debit Credit (To record credit sales) > (To record cost of goods sold on account) (To record credit granted for receipt of returned goods) (To record fair value of goods returned) AMT 410 OT4.0...pdf Just-in-Time at....docx Just-in-Time at....docx Finance HW (1).docx