The following transactions are for Carla Vista Company. 1. 2. On December 3, Carla Vista Company sold $480,000 of merchandise to Sandhill Co. on account. The cost of the merchandise sold was $316,800. On December 8, Sandhill Co. returned $24,000 of merchandise purchased on December 3. The cost of the goods was $15,360. On December 13, Carla Vista Company received the balance due from Sandhill Co. 3. Prepare a tabular summary to record these transactions for Carla Vista Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g.(45).) Assets L Accts. Rec. Date Cash Inventory Dec. 3 $ $ $ $ 8 13 Stockholders' Equity Retained Earnings Common Stock Rev. Exp. $ $ Bad debt expense Accounts recievable Sales revenue Cost of goods sold Sales returns & allowances