Use a tabular summary to record the following transactions for pharaoh comp using a perpetual inventory system include margin explanations for the changes in revenues and expenses a on March $2$ pharaoh company sold $$896,000$ of merchandise to Sheridan company on account the cost of the merchandise sold was $$604,800$ be on March $6$ Sheridan company returned $$156,800$ of the merchandise purchased on March $2$ the cost of the merchandise return was $$105,280$ on C on March $12$ Farrow company received the balance due from Sheridan companyQuestion $2$ of $3$

Reauctons in revenues irequire a negative sign or parentheses.

Assets$]$

Lial

Cash

Accts. Rec.

Inv.

Acc

$($a$)$

Mar.

$2$

$

$

$

$

$($b$)$

$6$

$($c$)12$

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