On October 5, Splish Brothers Company buys merchandise on account from Bramble Company. The selling price of the goods is $5,030, and the cost to Bramble Company is $3,240. On October 8, Splish Brothers returns defective goods with a selling price of $690 and a fair value of $290. Record the transactions on the books of Splish Brothers Company. (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. [Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Oct. 5 Oct. 8 (To record goods purchased on account) (To record return of defective goods)