On June 10, Sandhill Company purchased $8,500 of merchandise on account from Monty Company, FOB shipping point. terms 2/10,n/30. Sandhill pays the freight costs of $510 on June 11. Damaged goods totaling $350 are returned to Monty for credit on June 12. The fair value of these goods is $70. On June 19, Sandhill pays Monty 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 Sandhill 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.) Debit Credit Date Account Titles and Explanation