Sheffield Industries purchased $14,900 of merchandise on February 1, 2025, subject to a trade discount of 10% and with credit terms of 3/15, n/60. It returned $2,900 (gross price before trade or cash discount) on February 4. The invoice was paid on February 13. (a) Assuming that Sheffield uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Round answers to 2 decimal places, e.g. 6,578.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit SUPPORT

Shetheld Industries purchased $14,900 of merchandise on February 1,2025, subject to a trade discount of 10% and with credit terma of 3/15, n/60. It returned $2,900 (gross price before trade or cash discount) on February 4 . The involice waspaid on Februm 13 (a) Astuming that Shelfield uses the perpetual method for recording merchandise transactions, record the purchane, return, and parment using the grons method, of no entry is required, select "No entry" for the octeunt tities and enter O For the anounts. Round manibilly. List all debit entries before credit entries] manoally, List al debit entries before credit entries