Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 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.) (a) On March 2, Sunland Company sold 5885,600 of merchandise to Blossom Company, terms 2/10,n/30. The cost of the merchandise sold was $519,500. (6) On March 6, Blossom Company returned $110,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $63.000. (c) On March 12, Sunland Company received the balance due from Blossom Company, Date Credit Debit Account Titles and Explanation March 2 385.600 Accounts Receivable 85.600 Sales Revenge Date Account Titles and Explanation Debit Credit March 2 Accounts Receivable 885,600 Sales Revenue 885,600 (To record sale of merchandise) March 2 V Cost of Goods Sold 110,200 Inventory 110.200 March 6 V Sales Returns and Allowances Accounts Payable (To record return of merchandise)