wild horse company buys merchandise on account from Windsor company

V ain uni ent CALCULATOR INTE Question 3 Prepare the journal entries to record the following transactions on Sand Company's books using a perpetual inventory system. Ir no entry is account titles and enter for the amounts. Credit account titles are automatically indented when anoniemere no more the order presented in the problem.) see from (a) (b) (c) on March 2, Sand Company Sold S87.400 of merchandise to leal Mountain Company on account, terms 2/10, 30. The cost of the merchandises On March o, Teal Mountain Company returned 5103,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $2.500 On March 12. Sand Company received the balance due from leal Mountain Company $71,00 No Date Account Titles and Explanation Debit (o record sale of merchandise) Assignment s (c) On March 12, Sandhill Company received the balance due from Teal Mountain Company. No. Date Account Titles and Explanation Debit Credit (To record sale of merchandise) (To record return of merchandise) (c) March 12 Click if you would like to Show Work for this question: Open Show Work