Prepare journal entries to record the following sales transactions in Sandhill Coman's books Sandhuses a perpetuo inventory system Jan. 2 Sandhill soll $14,000 of merchandise to Xiaoyan Company, terms 1/30, on shipping point. The cost of the merchandise cold was $5,500. 4 The correct company paid freight costs of $245, 6 Xiaoyan returned $1,600 of the merchandise purchased on January 2 because it was not needed. The cost of the merchandise returned was $629, and it was restored to inventory Feb. 1 Sandhill received the balance due from Xiaoyan (Credit account titles are automatically indented when the amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Account Titles and Explanation Credit Date (To record sales) (To record cost Date Account Titles and Explanation Debit Credit (To record sales) (To record cost)