Use a tabular summary to record the following transactions for Sandhill Co$.$ using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.

$($a$)$ On March $2,$ Sandhill Co$.$ sold $$784,000$ of merchandise to Carla Vista Co$.$ on account. The cost of the merchandise sold was $$529,200.$

$($b$)$ On March $6,$ Carla Vista Co$.$ returned $$137,200$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$92,120.$

$($c$)$ On March $12,$ Sandhill Co$.$ received the balance due from Carla Vista Co$..$

$($Enter negati

Current Attempt in Progress

$($a$)$ On March $2,$ Sandhill Co$.$ sold $$784,000$ of merchandise to Carla Vista Co$.$ on account. The cost of the merchandise sold was $$529,200.$

$($b$)$ On March $6,$ Carla Vista Co$.$ returned $$137,200$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$92,120.$

$($c$)$ On March $12,$ Sandhill Co$.$ received the balance due from Carla Vista Co$.$

$($Enter negative amounts using either a negative sign preceding the number e$.$g$.-45$ or parentheses eg$.(45).)$ve amounts usinG a negative sign