On October 5, Pharoah Company buys merchandise on account from Shamrock Company. The selling price of the goods is $6800, and the cost to Shamrock Company is $3200. On October 8, Pharoah returns defective goods with a selling price of $770 and a scrap value of $380.

Record the transactions on the books of Shamrock Company assuming perpetual approach.

Record the transactions on the books of Shamrock Company, assuming a perpetual approach. (if no entry is reguired, select 'No Entry' for the account titles and enter 0 for the amounts. Credit account tities are automatically indented when amount is entered. Do not indent mancially. Record joumal entries in the order presented in the problem. List all debit entries before credit entries) (To record credit sales) (To record cost of goods sold) (To record credit granted for receipt of returned goodi) (To record scrop walue of goods retumed) eTextbook and Media