Chapter 5 Homework Question 1 of 3 > -/2.5 On June 10, Sunland Gifts purchased 10,000 of merchandise on account from Marigold Designs, FOB shipping point, terms 1/10, n/30. Sunland pays the freight costs of 420 on June 11. Damaged goods totaling 300 are returned to Marigold for credit on June 12. The fair value of these goods is 75. On June 19, Sunland pays Marigold in full, less the purchase discount. Both companies use a perpetual inventory system Prepare separate entries for each transaction on the books of Sunland. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Date Debit Credit + Chapter 5 Homework Question 1 of 3 > - / 2.5 !!! > v e Textbook and Media List of Accounts