Question 10 --/5 View Policies Current Attempt in Progress Presented below are transactions related to Sheridan Company. 1. On December 3, Sheridan Company sold $613,400 of merchandise on account to Windsor Co., terms 2/10, n/30, FOB shipping point. The cost of the merchandise sold was $354,500. 2. On December 8, Windsor Co. was granted an allowance of $29,600 for merchandise purchased on December 3. 3. On December 13, Sheridan Company received the balance due from Windsor Co. Prepare the journal entries to record these transactions on the books of Sheridan Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. (To record credit sale) (To record cost of merchandise sold) 3. Dec. 13 eTextbook and Media Solution List of Accounts Attempts: 0 of 3 used