Prepare the journal entries to record the following transactions on Oriole 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, Oriole Company sold S 891,900 of merchandise to Sage Hill Company on account, terms 3/10, 1/30. The cost of the merchandise sold was $ 527,400. (b) On March 6, Sage Hill Company returned $ 114,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $ 64,100 Ic On March 12, Oriole Company received the balance due from Sage Hill Company, No. Date Account Titles and Explanation Debit Credit (a) (To record sale of merchandise) (b) (b) 1 (To record return of merchandise) March 12