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On May 2, Sunland sold $2,300 of merchandise to Splish Brothers Depot with terms 3/10,n/30. On May 8, Splish Brothers Depot returned defective goods that

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On May 2, Sunland sold $2,300 of merchandise to Splish Brothers Depot with terms 3/10,n/30. On May 8, Splish Brothers Depot returned defective goods that had a selling price of $400. On May 11, Sunland receives payment from Splish Brothers Depot. a. What is the amount of the cash Sunland received on May 11 ? Cash Received b. Record the May 11 transaction for Sunland. (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 the amount is entered. Do not indent manually. List all debit entries before credit entries.)

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