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On October 5. Sunlind Company buys merchandise on contro $5,90, and the cost to Splish Brothers Company is $3.520. On October 8, Sunland returns defective

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On October 5. Sunlind Company buys merchandise on contro $5,90, and the cost to Splish Brothers Company is $3.520. On October 8, Sunland returns defective goods with a selling price of $950 and a scrap value of $340. Record the transactions on the books of Solish Brothers 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 Debit Credit (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)

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