player/index/unched:10)-(63-417-4061-6604 Homework Chapter 18 Assignment Question 4 of 7 -/14.28 EE On March 1, 2020. Sweet Company sold goods to Goosen Inc. for $594,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,000,925 (an imputed rate of 11%). The goods have an inventory cost on Sweet's books of $367,000 (a) Prepare the journal entries for Sweet on March 1, 2020. (Credit account titles are automatically indented when the 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.) Date Mar 1, 2020 Account Titles and Explanation (To record sales) Debit Credit (To record cont of goods sold (b) Prepare the journal entries for Sweet on December 31, 2020 (Credit account titles one automatically indented when the amount is entered. Do not indent manually if try is required, select "N entry" for the account titles and enter O for the amounts) P Type here to search