The following transactions are for Sheridan Company 1 On December 3, Sheridan Company sold $ 570.000 of merchandise to Sunland Co. on account. The cost of the merchandise sold was $ 376,200 On December 8, Sunland Co. returned $ 28,500 of merchandise purchased on December 3. The cost of the goods was $ 2 18.240 3 On December 13, Sheridan Company received the balance due from Sunland Co. Prepare a tabular summary to record these transactions for Sheridan Company using a perpetual inventory system (Enter negative amounts using either a negative sin preceding the number e.3.-45 or purentheses es. (45).) Assets Liabil Date Cash Accts. Rec. Pa Inventory Dec 3 $ $ $ Prepare a tabular summary to record these transactions for Sheridan Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Assets Liabil Accts, Rec. Acc Pa Date Cash Inventory Dec 3 $ $ $ B GD 13 Prepare a tabular summary to record these transactions for Sheridan Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.3. -45 or parentheses c.9. (45).) Liabilities Stockholders' Equity Retained Earnings Accts. Pay Common Stock Rev. Exp. $ $ ctions for Sheridan Company using a perpetual inventory system. (Enter negative the number e.g.-45 or parentheses e.g. (45).) Stockholders' Equity Retained Earnings Rev. Exp. $ Bad debt expense Sales returns & allowances Accounts recievable Sales revenue Cost of goods sold