Prepare the journal entries to record the following transactions on Crane Company's books under a perpetual inventory system. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.$)$

$($a$)$ On March $2,$ Larkspur Company sold $$901,300$ of merchandise to Crane Company on account, terms $\frac{3}{10},$ n$/30.$ The cost of the merchandise sold was $$559,000.$

$($b$)$ On March $6,$ Crane Company returned $$117,700$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$66,800.$

$($c$)$ On March $12,$ Larkspur Company received the balance due from Crane Company.

Date

Account Titles and Explanation

Debit

Credit

$901300$

Inventory

$\backslash$table$[[901300],[]]$