$($b$)$

On March $6,$ Cheyenne Company returned $$93,000$ of the merchandise purchased on March $2.$ The cost of the returned merchandise was $$61,000.($List all debit entries before credit entries. 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.$)$

Account Titles and Explanation

Debit

Credit $$

$($To record merchandise returned$)$

$($To record cost of merchandise returned$)$