Question 1 of 8 0.67 / 1 On March 2, Ivanhoe Company sold $821.000 of merchandise on account to Bridgeport Company, terms 2/10, n/30. The cost of the merchandise sold was $603,000. [Credit account titles are automatically Indented when amount Is entered. De pat Indent manually] Account Titles and Explanation Debit Credit Accounts Receivable 821000 Sales Revenue [To record credit sale) Cost of Goods Sold Inventory [To record cost of merchandise sold) eTextbook and Media List of Accounts Attempts 4 of 15 used (b) Your answer is correct On March 6, Bridgeport Company returned $82,100 of the merchandise purchased on March 2. The cost of the returned merchandise was $61,300. (Credit account titles are automatically Indented when amount' is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit sales Returns and Allenance [To record merchandise returned) Cost of Goods Sold (To record cost of merchandise returned) eTextbook and Media List of Accounts Attempts: 2 of 15 used On March 12. Ivanhoe Company received the balance due from Bridgeport Company (Credit account titles are automatically ladented when amount is entered Do not indent manually) Account Titles and Explanation Debit Credit