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On May 6 , Sandhill Depot returns goods ( not defective ) with a selling price of $ 3 0 0 and a cost of

On May 6, Sandhill Depot returns goods (not defective) with a selling price of $300 and a cost of $90 to Teal Mountain and receives a credit on account.
Record the transaction for Teal Mountain. (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 0 for the amounts. List all debit entries before credit entries.)
Date Account Titles and Explanation
Debit
Credit
May 6
(To record credit granted to Sandhill Depot for returned goods.).
(To record cost of goods returned.)
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