Question: SIR System Announcements CALCATE PRINTER VERSION 4 NE aces Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions

SIR System Announcements CALCATE PRINTER VERSION 4 NE aces Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Sheridan Company's books using a perpetual inventory system (a) On March 2, Sheridan Company sold $940,000 of merchandise on account to Concord Company, terms 3/10, 1/30. The cost of the merchandise sold was 5584,000. (Credit account tities are automatically indented when amount is entered. Do not indent manually. Account Tities and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) Click if you would like to Show Work for this question: Open Show. Work O LIST OF ACCOUNTS LI TO TEXT Attempts: of sused SUBMIT

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