Fill in the entry for June 11, the titles and the values in red.

On June 10, Blossom Company purchased $7.400 of merchandise on account from Swifty Company, FOB shipping point, terms 2/10,n/30. Blossom Company pays the freight costs of $540 on June 11. Goods totaling $700 are returned to Swifty for credit on June 12. On June 19, Blossom Company pays Swifty Company in full, less the purchase discount. Both companies use a perpetual inventory system. (a) Your answer is correct. Prepare separate entries for each transaction on the books of Blossom 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 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Inventory 7400 ne 10 Accounts Payable 7400 ne 11 Accounts Payable 700 Inventory 700 ne 19