Current Attempt Progr On June 10, Oriole Company purchased $9,000 of merchandise on account from Blue Spruce Company FOB shipp berme 3/10 w/30 Ovice Company pays the freight costs of 1540 on June 11. Goods totaling $800 are returned to Blue Spruce for credit on June 12 On Ae 19, Oriole Company pays Blue Spruce Company in full, less the purchase discount Both companies petual inventory system Yamwer is carred Prepare separate entries for each transaction on the books of Oriole Company, Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts jou entries in the order presented in the problem Date Account Tities and Explanation Debit Credit June 12 v A C Ave It Ivernury 3 200 10 Preparate entries for each tramaction for the Spruce Company The merchandise purchased by Oriole Compo 10 ct Blue Spruce $5200, and the goods starned cost Blue Spruce $25% Cacti anatically indented whe y is indet e tyr thep Date Account Titles and Explanation (To record credit sa (Tect of marchande s C (To record merchandise retu (To record cost of merchandise ret Cal Debit Credit 9000 1200 Current Attempt in Progress On June 10, Oriole Company purchased $9,000 of merchandise on account from Blue Spruce Company, FOB shipping point, terms 2/10, n/30. Oriole Company pays the freight costs of $540 on June 11. Goods totaling $800 are returned to Blue Spruce for credit on June 12. On June 19, Oriole Company pays Blue Spruce Company in full, less the purchase discount. Both companies use a perpetual inventory system. Your answer is correct. Prepare separate entries for each transaction on the books of Oriole Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts Record journal entries in the order presented in the problem.) Date June 10 v Account Titles and Explanation Inventory Accounts Payable June 11 Inventory Cash Debit 9000 540 June 12 v Accounts Payable 800 Inventory June 19 Accounts Payable 8200 Inventory Cash eTextbook and Media Credit 9000 54 800 164 8034 Your answer is partially correct. Prepare separate entries for each transaction for Blue Spruce Company. The merchandise purchased by Oriole Company on June 10 cost Blue Spruce $5,200, and the goods returned cost Blue Spruce $259. (Credit account titles are automatically indented wher amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts Record journal entries in the order presented in the problem) Date Account Titles and Explanation June 10. Accounts Receivable June 10 v Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) June 12 v Sales Returns and Allowances June 12 June 19 June 19 Accounts Receivable Cost of Goods Sold (To record merchandise returned) (To record cost of merchandise returned) Cash Sales Discounts Accounts Receivable eTextbook and Media List of Accounts Debit 8036 264 9000 5200 800 Credit On June 10, Oriole Company purchased $9,000 of merchandise on account from Blue Spruce Company, FOB shipping point, terms 2/10, n/30. Oriole Company pays the freight costs of $540 on June 11. Goods totaling $800 are returned to Blue Spruce for credit on June 12. On June 19, Oriole Company pays Blue Spruce Company in full, less the purchase discount. Both companies use a perpetual inventory system. Your answer is correct. Prepare separate entries for each transaction on the books of Oriole Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation June 10 Inventory Accounts Payable June 11 v Inventory Cash Debit 9000 540 June 12 Accounts Payable 800 Inventory June 19 Accounts Payable 8200 Inventory Cash eTextbook and Media List of Accounts Credit 9000 540 80X 164 803 Question 2 of 7