4:23 PM Sun Feb 17 Your answer is partially correct. Prepare the journal entries to record these transactions on the books of Cheyenne Corp, using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. Dec. 3 670600 Sales Revenue (To record credit sale Cost of Goods Sold 670600 Dec. 3 396900 To record cost of merchandise sold) Sales Returns and Allowances 25000 25000 3. Dec. 13 Cash 671424 Sales Discounts 25824 Accounts Receivable 645600 eTextbook and Media List of Accounts