On June 10O, Crane Company purchased $7,200 of merchandise from Sheridan Company, terms 3/10, n/30. Crane Company pays the freight costs of $ 430 on June 11. Goods totaling $ 200 are returned to Sheridan Company for credit on June 12. On June 19, Crane Company pays Sheridan Company in full, less the purchase discount. Both companies use a perpetual inventory system. Prepare separate entries for each transaction on the books of Crane Company. (If no entry is required, select No Entry" for the account titles and enter O for the amounts. 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 Prepare separate entries for each transaction for Sheridan Company. The merchandise purchased by Crane Company on June 10 cost Sheridan Company $2,740, and the goods returned cost Sheridan Company $ 280. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. 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 (To record credit sale (To record cost of goods sold) (To record credit sale)