The following transactions are for Sandhill Company. 1. 2. 3. Prepare the journal entries to record these transactions on the books of Sandhill Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. On December 3, Sandhill Company sold $577,000 of merchandise to Whispering Co., on account, terms 2/10, n/30. The cost of the merchandise sold was $352,800. On December 8, Whispering Co. was granted an allowance of $27,000 for merchandise purchased on December 3. On December 13, Sandhill Company received the balance due from Whispering Co. 1. Date Account Titles and Explanation (To record credit sale) Debit Cred

The following transactions are for Sandhill Company. 1. On December 3, Sandhill Company sold $577,000 of merchandise to Whispering Co, on account, terms 2/10,n/30, The cost of the merchandise sold was $352,800. 2. On December 8, Whispering Co. was granted an allowance of $27,000 for merchandise purchased on December 3. 3. On December 13, Sandhill Company received the balance due from Whispering Co. Prepare the journal entries to record these transactions on the books of Sandhill Company using a perpetual inventory system. (Credit account tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the occount titles and enter 0 for the amounts.)