On June 10, Ivanhoe Company purchased $9,500 of merchandise on account from Sarasota Company, FOB shipping point, terms 1/10,n/30. Ivanhoe pays the freight costs of $580 on June 11. Goods totaling $400 are returned to Sarasota for credit on June 12. On June 19, Ivanhoe pays Sarasota Company in full, less the discount. Both companies use a perpetual inventory system. (a) Prepare separate entries for each transaction on the books of Ivanhoe Company. (List all debit entries before credit entries. 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 0 for the amounts.) \&B Prepare separate entries for each transaction for Sarasota Company. The merchandise purchased by Ivanhoe on June 10 cost Sarasota \$4,500, and the goods returned cost Sarasota \$190. (List all debit entries before credit entries. 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 0 for the amounts.) (To record credit sale) (To record cost of merchandise sold) (To record merchandise returned) (To record merchandise returned) (To record cost of merchandise returned)