Business, 21.06.2021 17:20 ciaotaylor

A. On March 2, Sheridan Company purchased $862,000 of merchandise from Skysong Company, terms 2/10, n/30. b. On March 6, Sheridan Company returned $110,700 of the merchandise purchased on March 2.
c. On March 12, Sheridan Company paid the balance due to Skysong Company.

Requried:
Prepare the journal entry to record these transaction.

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A. On March 2, Sheridan Company purchased $862,000 of merchandise from Skysong Company, terms 2/10,...

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