Prepare the journal entries to record the above transactions for Sheridan Company. $($Credit account titles ore outomatically inden when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. Pecord journal entries in the order presented in the problem. Ust aff debit entries before credit en tries.$)$

Jate Account Titles and Explanation

Debit

Credit

$($To record sales on account.$)$

$2.5$ Cost of Goods Sold

$($To record cost of goods sold.$)$

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