Question: only BE5.5 please BE5.4 (L0 a) Prepare the journal entries to record the following transactions on Novy Company's books using a perpetual inventory system. Journalize

only BE5.5 please

BE5.4 (L0 a) Prepare the journal entries to record the following transactions on Novy Company's books using a perpetual inventory system. Journalize sales transactions. a. On March 2, Novy Company sold $900,000 of merchandise on account to Opps Company, terms 2/10, n/30. The cost of the merchandise sold was $590,000. b. On March 6, Opps Company returned $90,000 of the merchandise purchased on March 2. The cost of the returned merchandise was $62,000. c. On March 12, Novy Company received the balance due from Opps Company. BE5.5 (L0 2) From the information in BE5.4, prepare the journal entries to record these transactions on Opps Company's books under a perpetual inventory system

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