various confisinconfusing entries

$($Graded$)$

$\frac{-}{100}$

Question $1$ of $4$

On March $2,$ Sunland Company said $$935\mathrm{.}000$ of merchandse on account to Sheridan Company, terms $\frac{2}{10},$ n$/30.$ The cost of

$3.$ the meechandise spld was $$607,750$

b$.$ On March $6,$ Sheridan Company returned $$93,500$ of the merchardise purchased on March $2.$ The cost of the returned merchandise was $$84,000.$

c$.$ On March $12,$ Sanland Company recehred the balance due from Sheridan Company.

Kraft account tiles are a$.$tomatically indented when the amount is entered. Do not indent monually. If no entry is required, seiect $"$No Entry" entress.

No$.$ Account Titles

Debit

Credit

$4.$ Accupts Rocrivable

$$

$$

$$

$($To record sales on account.$)$

$$

$$

$$

$$

$$

$$

$($To record cost of goods sold$)$

$8.$

$$to

$($Graded$)$

Question $1$ of $4$

$/100$

Merchandise Inventory

$64000$

$($To record cost of goods sold.$)$

b$.$

$$

$$

$$

$$

$$

$($To record sales return.$)$

$$

$$

$$

$$

$($To record cost of returned goods.$)$

c$.$

$$

$$

$$

$$

$$

$$

$$

$$

List of Accounts

$$ Last swed $19$ mirutes aga.

Aftempts: $0$ of $2$ used $$ Saved pork will be auto$-$submitted the the due date. Aufo.