On June 10, Tamarisk, Inc. purchased $7,350 of merchandise on account from Culver Company, FOB shipping point, terms 3/10, n/30. Tamarisk, Inc. pays the freight costs of $500 on June 11. Goods totaling $650 are returned to Culver for credit on June 12. On June 19. Tamarisk, Inc. pays Culver Company in full, less the purchase discount. Both companies use a perpetual inventory system. Prepare separate entries for each transaction for Culver Company. The merchandise purchased by Tamarisk, Inc. on June 10 cost Culver $4,700, and the goods returned cost Culver $257. (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 Accounts Receivable Credit June 10 Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) June 12 Sales Returns and Allowances Accounts Receivable (10 record cost of merchandise sold) June 12 Sales Returns and Allowances Accounts Receivable (To record merchandise returned) Inventory Cost of Goods Sold (To record cost of merchandise returned) June 19 Cash Sales Discounts Accounts Receivable