Prepare the journat entries to record the following transactions on Sandhill Company's books tising a perpetual imventory system, af no entry is required, select "No Entry" for the eceount thites and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered, Do not indent inanially. Record journal entriks in the order preiented in the problem. List all debit entries before credit entries) (a) On March 2,5andhil Company sold \$851.800 of merchandise to Teal Mountain Company on account, terms 3/10, n/30. The cost of the merchandise sold was $537,700. (b) On March 6 , Toar Mountain Company returned $103,700 of the merchandise purchased on March 2 The cost of the merchandise returned was 568,000 (c) On March 12, Sandhill Comparyy received the balance due from Teal Mountain Company. \& Ch 5 dealing with Inventory and multiple step income statement Question 1 of 9 118 uestion 1 of 9 (To record return of merchandise) (To record cost of goods returned)