entry is required, select $"$No Entry" for the account titles and enter $0$ 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 $2,$ Crane Company sold $$898,900$ of merchandise to Larkspur Company on account, terms $\frac{2}{10},\frac{n}{30}.$ The cost of the merchandise sold was $$519,500.$

$($b$)$ On March $6,$ Larkspur Company returned $$100,200$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$61,900.$

$($c$)$ On March $12,$ Crane Company received the balance due from Larkspur Company.

Date

Account Titles and Explanation

Debit

Credit

$($To record sale of merchandise on account$)$

$($To record cost of goods sold$)$

$($To record return of merchandise$)$

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