Pharoah $3,770, and the goods returned cost Pharoah $230. (If no entry is required, select "No entry" for the account titles and enter O 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.) ate Account Titles and Explanation ne 10 Accounts Receivable ne 11 Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of goods sold) No Entry Debit 7.600 3,770 Credit 7,600 3,770 ne 11 v No Entry ne 12 19 No Entry Sales Returns and Allowances Accounts Receivable (To record credit sale) Inventory Cost of Goods Sold (To record cost of goods returned) Cash Sales Discounts Accounts Receivable 0 500 230 7,100 0 500 230 6.816 284 On June 10, Shamrock Company purchased $7,600 of merchandise from Pharoah Company, on account, terms 4/10, n/30. Shamrock pays the freight costs of $390 on June 11. Goods totaling $500 are returned to Pharoah for credit on June 12. On June 19, Shamrock Company pays Pharoah Company in full, less the purchase discount. Both companies use a perpetual inventory system.