Current Attempt in Progress

Prepare the journal entries to record these transactions on Sheridan Company's books using a periodic inventory system. $($If no entry 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. List all debit entries before credit entries.$)$

a$.$ On March $2,$ Sheridan Company purchased $$862,000$ of merchandise from Skysong Company, terms $\frac{2}{10},\frac{n}{30}.$

b$.$ On March $6,$ Sheridan Company returned $$110,700$ of the merchandise purchased on March $2.$

c$.$ On March $12,$ Sheridan Company paid the balance due to Skysong Company.