S o nments/3850424?module itemid=12277416 Send to Gradebook Question 3 View Policies Current Attempt in Progress Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 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.) (a) On March 2, Splish Brothers Company sold $885,600 of merchandise to Sunland Company on account, terms 2/10, 130. The cost of the merchandise sold was $519,500. (b) On March 6, Sunland Company returned $110,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $63.000 (c) On March 12, Splish Brothers Company received the balance due from Sunland Company Credit Debit Date No. Account Titles and Explanation otsusx + com/courses/35509/assignments/3850424?module_item_id=12277416 No. Date Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts: 0 of 4 used Submit Answer Save for Later S o nments/3850424?module itemid=12277416 Send to Gradebook Question 3 View Policies Current Attempt in Progress Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 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.) (a) On March 2, Splish Brothers Company sold $885,600 of merchandise to Sunland Company on account, terms 2/10, 130. The cost of the merchandise sold was $519,500. (b) On March 6, Sunland Company returned $110,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $63.000 (c) On March 12, Splish Brothers Company received the balance due from Sunland Company Credit Debit Date No. Account Titles and Explanation otsusx + com/courses/35509/assignments/3850424?module_item_id=12277416 No. Date Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts: 0 of 4 used Submit Answer Save for Later