Prepare the journal entries to record the following transactions on Sheridan Company's books under a perpetual inventory system. $($If no entry is required, select $"$No Entry" for the account titles and enter $O$ 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. List all debit entries before credit entries.$)$

$($a$)$ On March $2,$ Skysong Company sold $$893,700$ of merchandise to Sheridan Company on account, terms $\frac{2}{10},\frac{n}{30}.$ The cost of the merchandise sold was $$577,200.$

$($b$)$ On March $6,$ Sheridan Company returned $$119,100$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$61,300.$

$($c$)$ On March $12,$ Skysong Company received the balance due from Sheridan Company.

$3$ entries only$-$ one for each date