Prepare the journal entries to record the following transactions on Kingbird, Inc's books using a perpetual inventory system. Part 1 On March 2, Ayayai Company sold $ 945,000 of merchandise on account to Kingbird, Inc. terms 3/10, 1/30. The cost of the merchandise sold was $564,000. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account tities and enter for the amounts) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer Part 2 The parts of this question must be completed in order. This part will be available when you complete the part above