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Prepare the journal entries to record the following transactions on Oriole Companys books using a perpetual inventory system. Of no entry is required, select No

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Prepare the journal entries to record the following transactions on Oriole Companys books using a perpetual inventory system. Of no entry is required, select "No Entry" for the account titles ond enter O for the amounts. Credit account tilles are outomatically indented when amount is entered. Do not indent manually. Recordjournal entries in the order presented in the problen. (a) On March 2, Sage Hill Company sold $891,900 of mprchandise to Oriole Company on account, terms 3/10,n/30. The cost of the merchandise sold was $527,400. (b) On March 6, Oniole Company returned $114,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $64,100. (c) On March 12, Sage Hill Company recelved the balance due from Oriole Compary

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