Prepare journal entries to record the following sales transactions in Sheridan Companys books. Sheridan uses a perpetual inventory system.

Mar. 12		Sheridan sold $23,000 of merchandise to Jarek Company, terms 2/10, n/30, FOB destination. The cost of the merchandise sold was $12,190.
13		The correct company paid freight costs of $175.
14		Jarek returned $3,000 of the merchandise purchased on March 12 because it was damaged. The cost of the merchandise returned was $1,060. Sheridan examined the merchandise, decided it was no longer saleable, and discarded it.
22		Sheridan received the balance due from Jarek.

(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. Record journal entries in the order presented in the problem.)