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Prepare the journal entries to record the following transactions on Derrick Company's books using a perpetual inventory system. (Enter all debit entries first, followed by all credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) On 2 March, Derrick Company sold $967,000 of merchandise to Rose Company, terms 2/10, n/30. The cost of the merchandise sold was $567,000. Particulars Debit Credit (To record credit sale) (To record cost of merchandise sold) (b) On 6 March, Rose Company returned $96,700 of the merchandise purchased on 2 March. The cost of the returned merchandise was $56,700. Particulars Debit Credit (To record merchandise returned) (To record cost of merchandise returned) (c) On 12 March, Derrick Company received the balance due from Rose Company. Particulars Debit Credit Don't show me this message again for the assignment