On October 5, Pharoah Company buys merchandise on account from Shamrock Company. The selling price of the goods is $6,800, and the cost to Shamrock Company is $3,200. 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 a perpetual approach. (If no entry is required, select "No Entry for the account titles and enter 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 Credit Debit Oct. 5 (To record credit sales) (To record cost of goods sold on account) (To record credit granted for receipt of returned goods) (To record scrap value of goods returned)