Vi -Ace QL Acc Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) On March 2, Sunland Company sold $899,700 of merchandise to Splish Brothers Company on account, terms 2/10, 1/30. The cost of the merchandise sold was $525,600. (b) On March 6, Splish Brothers Company returned $111.400 of the merchandise purchased on March 2. The cost of the merchandise returned was $69,800. (c) On March 12. Sunland Company received the balance due from Splish Brothers Company. Q Qu Aco YUSU Date Account Titles and Explanation Debit Credit Question Account March 2 Accounts Receivable 899700 899700 Viewing Account Sales Revenue (To record sale of merchandise) Cost of Goods Sold March 2 525600 Question Aerountry be Inventory 525600 March 6 Sales Returns and Allowances Question 4 hon Accounts Receivable (To record return of merchandise) Question 5 March Question Tarch 12 ta Type here to search O to a e