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Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. (a) On March 2, Sunland Company sold
Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. (a) On March 2, Sunland Company sold $905,000 of merchandise on account to Marigold Company, terms 1/10, n/30. The cost of the merchandise sold was $528,000. (List all debit entries before credit entries. 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 titles and enter O for the amounts) (b) The parts of this question must be completed in order. This part will be avalable when you complete the part above. (c) The parts of this question must be completed in order. This part wiat be available when you complete the part above
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