Prepare journal entries for March 2014 to record the following transactions for XYZ Corporation. Assume a perpetual inventory system Enter the transaction letter as the description when preparing a journal entry When a transaction requires two separate journal entries, use the same letter for both descriptions Dates must be entered in the format ddimme. 15/Jan) a. March 8 XYZ Corporation sold merchandise that cost $4.480 to Benson Inc. for $5,000 under credit forms of 2/10, 1730. FOB shipping pont b. March 11 XYZ Corporation sold merchandise to Guit Corp. that cost $7.920 for $9.900 cash c. March 12. XYZ Corporation sold merchandise that cost 55 120 to Bentley Inc. for $6.400 under credit terms of 30, FOB shipping point d. March 20 Bentley Inc. requested a price reduction on the March 12 sale because the merchandise did not meet specifications. Sent Bentley in a credit memorandum for $3,000 to resolve the issue e March 28. Received the balance due from Benson Inc. for the sale dated March & 1 March 31. Received the balance due from Bentley in for the sale dated March 12 Please use the and button to change the number of accounts (if necessary for each journal enty General Journal Page 3 Dato Account Explanation Debt Credit + 20:32