P 1 On December 3, Sandhill Company sold $593,00 of merchandise on account to Indigo Co., terms 2/1030 FOB destination. Sandhill paid $350 for freight charges. The cost of the merchandise sold was $386,700. On December 8, Indigo Co. was granted an allowance of $28,400 for merchandise purchased on December 3. 2. 3. On December 13, Sandhill Company received the balance due from Indigo Co. (a) Prepare the journal entries to record these transactions on the books of Sandhill Company using a perpetual inventory system (Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Date 1. Account Titles and Explanation (To record credit sale) Debit Credi 2. I (To record cost of merchandise sold) (To record freight charges) me-Google recom Perso Business me-Google Writing Aren Context Loan Applicat Detallad