Current Attempt in Progress Marigold Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts. (a) On July 1, (1) Marigold purchased $42,000 of inventory, terms 3/10, n/30, FOB shipping point. (2) Marigold paid freight costs of $1,301. On July 3, Marigold returned damaged goods and received credit of $4,200. On July 10, Marigold paid for the goods. (b) (c) Prepare all necessary journal entries for Marigold. (If no entry is required, select "No Entry" for the account titles and enter 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.) No. Date Account Titles and Explanation Debit Credit (a) (1) (a) (2) (b) (c) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit