On October 5, Kingbird Company buys merchandise on account from Blossom Company. The selling price of the goods is $5,010, and the cost to Blossom Company is $3,010. On October 8, Kingbird returns defective goods with a selling price of $650 and a scrap value of $250. Record the transactions of Kingbird Company, assuming a perpetual approach. (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 Credit