part a of these 3 problems is done so i just need part b) thank you!

The following transactions are for Crane Company. 1. On December 3, Crane Company sold $668,300 of merchandise to Pronghorn Co., on account, terms 2/10,n/30,FOB destination, Crane paid $440 for freight charges. The cost of the merchandise sold was $371,500. 2. On December 8, Pronghorn Co. was granted an allowance of $26,300 for merchandise purchased on December 3 . 3. On December 13, Crane Company received the balance due from Pronghorn Co. Your answer is correct. Assume that Crane Company received the balance due from Pronghorn Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2 . (Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) On June 10, Sandhill Company purchased $8,500 of merchandise on account from Monty Company. FOB shipping point, terms 2/10, n/30. Sandhill pays the freight costs of $510 on June 11 . Goods totaling $350 are returned to Monty for credit on June 12 . On June 19. Sandhill pays Monty Company in full, less the discount. Both companies use a perpetual inventory system. (a) Prepare separate entries for each transaction on the books of Sandhill Company. (List all debit entries before credit entries. 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.) Prepare separate entries for each transaction for Monty Company. The merchandise purchased by Sandhill on June 10 cost Monty $5,000, and the goods returned cost Monty $180. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the grensent fitlac nind antar n for the amnante 1 The adjusted trial balance of Sheridan Company shows the following data pertaining to sales at the end of its fiscal year October 31. 2022: Sales Revenue $824,700. Freight-Out $16,400, Sales Returns and Allowances $30,000, and Sales Discounts $19,600. (a) Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue. (List all debit entries before credit entries. Credit account tities 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.)