On October 5, Narveson Company buys merchandise on account from Rossi Company. The selling price of the goods is $6,020, and the cost to Rossi Company is $3,120. On October 8, Narveson returns defective goods with a selling price of $710 and a scrap value of $380.

Record the transactions of Narveson Company, assuming a perpetual approach. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date Account Titles and Explanation Debit Credit

Oct. 5

Oct. 8