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On March 2, Blue Spruce Company sold $997,000 of merchandise on account to Oriole Company, terms 3/10, n/30. The cost of the merchandise sold

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On March 2, Blue Spruce Company sold $997,000 of merchandise on account to Oriole Company, terms 3/10, n/30. The cost of the merchandise sold was $553,000. (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 O for the amounts.) Account Titles and Explanation Sales Revenue Debit 997000 Credit 444000

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