$On$ March $1,2025,$ Sheridan Company sold goods $to$ Carla Vista Inc. for $$714,000in$ exchange for $a5-$year, zero$-$interest$-$bearing note

$in$ the face amount $of$ $$1,203,13211\%$ $$364,000.$ Your answer $is$ incorrect.

Prepare the journal entries for Sheridan $on$ December $31,2025.(Credit$ account titles are automatically indented when the amount $is$

entered. $Do$ not indent manually. $Ifno$ entry $is$ required, select $"No$ entry" for the account titles and enter $0$ for the amounts. List debit entry

before credit entry.$)$

$-.31,2025$

eTextbook and Media

List $of$ Accounts

Attempts: $3of8$ used

Using multiple attempts will impact your score.

$10\%$ score reduction after attempt $5$