On June 10, Oriole Company purchased $9,500 of merchandise on account from Sheffield Company, FOB shipping point, terms 2/10, n/30. Oriole pays the freight costs of $550 on June 11. Damaged goods totaling $400 are returned to Sheffield for credit on June 12. The fair value of these goods is $80. On June 19, Oriole pays Sheffield Company in full, less the purchase discount. Both companies use a perpetual inventory system.

(a)

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. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit