Question: Need an answer quick!!! thank you View Policies Current Attempt in Progress 09:59 de Timer On February 6, Sheridan Company sold $113,000 of merchandise to

View Policies Current Attempt in Progress 09:59 de Timer On February 6, Sheridan Company sold $113,000 of merchandise to the Lyman Company, terms 2/10,net/30. The cost of the merchandise sold was $81,000. On February 8, the Lyman Company returned $15.000 of the merchandise purchased on February 6. The cost of the merchandise returned was $9.100.On February 16 Sheridan Company received the balance due from the Prepare the journal entries to record the above transactions on Sheridan Company's books using a perpetual inventory system (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of good sold) It Apps Bookmarks a nd com Q Warriors Don T Cry My Inbox e o Date Account Titles and Explanation Debit Credit 09:51 Hid (To record dedit sale) (To record cost of good sold) (To record goods returned) (To record cost of good returned)
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