Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual inventory system. (a) On March 2. Sheridan Company sold $995,000 of merchandise on account to Concord Company, terms 2110, n/30. The cost of the merchandise sold was $575 .000. [List all debit mute: before credit entries. Credit account titles are automatically Indented when amount 15 entexed. Do not Indent manually. ifna entry is required. select "No Entry" for the account titles and enter!) for the amounts.)