Question 3 of 5 0.241 Prepare the journal entries to record the following...

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Accounting

Question 3 of 5
0.241
Prepare the journal entries to record the following transactions on Carla Vista Company's books under a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)
(a) On March 2, Tamarisk Company sold $931,800 of merchandise to Carla Vista Company on account, terms 2/10, n/30. The cost of the merchandise sold was $565,700.
(b) On March 6, Carla Vista Company returned $119,500 of the merchandise purchased on March 2. The cost of the merchandise returned was $63,600.
(c) On March 12, Tamarisk Company received the balance due from Carla Vista Company.
Date
March 2
Account Titles and Explanation
Accounts Receivable
Sales Revenue
Cost of Goods Sold
Inventory q,
Sales Revenue
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