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On June 10, Sunland Company sold $10,000 of merchandise to Oriole Company, FOB shipping point, terms 1/10, n/30. The merchandise purchased by Oriole on June

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On June 10, Sunland Company sold $10,000 of merchandise to Oriole Company, FOB shipping point, terms 1/10, n/30. The merchandise purchased by Oriole on June 10 cost Sunland $5,500. Oriole pays the freight costs of $560 on June 11. Damaged goods totaling $400 are returned to Sunland for credit on June 12. The fair value of these goods is $75. On June 19, Oriole pays Sunland Company in full, less the purchase discount. Prepare separate entries for each transaction for Sunland Company for June 12 and June 19 using the perpetual inventory system. (Credit occount 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.)

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