Current Attempt in Progress Prepare the journal entries to record the following transactions on Crane Company's books using a perpetual inventory system. (if no entry is required, select "No Entry" for the account titles and enter o 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) (b) On March 2 Larkspur Company sold $898,900 of merchandise to Crane Company on account, terms 2/10, 1/30, The cost of the merchandise sold was $519,500. On March 6, Crane Company returned $100,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $61.900. On March 12, Larkspur Company received the balance due from Crane Company, (c) Debit Credit No. Date Account Titles and Explanation (a) (b) (c)