The following dashboard shows credit sales, cost of sales, and cash collections for selected transactions. The company uses the perpetual inventory system. January 1 January 31 February 10 Sales $900 Cost of Sales $700 Cash Collection $900 Sales $800 Cash Collection $784 Cost of Sales $500 So $100 $200 $300 $400 $500 $600 $700 $800 $900 Enter answers for each of the following tabs. Requirement 1 Requirement 2 Requirement 3 Prepare the January 1 journal entry to record merchandise sales of $900 on credit. View transaction list Journal entry worksheet < 2 Record the $900 merchandise sales on credit.