The following transactions are for Scinland Compuny. (1) On December 3 Sunland Compuny sold $531,000 of merchandice to Themson Co, terms 1/10, n/30, The cost of the merchandise sold was $311.000 (2) On December 8 Thomson Co. was granted an allowance of $30.000 for merchandise purchased on December 3 . (3) On December 13 Sunland Company recelved the balance due from Themsen Co Prepace the joumal entries to record these thansactions on the books of 5 unland Compam. Sunland uses a gerpetual inventacy Preptere. ICred eccount tieles are outomatically indented when the amount is entered. Do not indent manuolly focord joumal entries in the order presented in the