Question 1 of 2 > -/2 On June 10, Blossom Company purchased $8,200 of merchandise from Sunland Company, terms 4/10,n/30. Blossom Company pays the freight costs of $410 on June 11. Goods totaling $400 are returned to Sunland Company for credit on June 12. On June 19, Blossom Company pays Sunland Company in full, less the purchase discount. Both companies use a perpetual inventory system. Prepare separate entries for each transaction on the books of Blossom Company. Of 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 Debit Credit Account Titles and Explanation Inventory June 10 8200 Accounts Payable 8200 June 11 Inventory 4302 cash 410 June 12 Accounts Payable 400 Inventory 400 June 19 Accounts Payable 7800 Inventory Cash Prepare separate entries for each transaction for Sunland Company. The merchandise purchased by Blossom Company on June 10 cost Sunland Company $3,300, and the goods returned cost Sunland Company $210. (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 June 10 Accounts Receivable 8200 Sales Revenue (To record credit sale) Cost of Goods Sold 8200 3300 3300 Inventory (To record cost of goods sold) June 11 No Entry No Entry 0 June 12 Sales Returns and Allowances 400 400 Accounts Receivable (To record credit sale) Inventory 210 Cost of Goods Sold 210 (To record cost of goods returned) Question 1 of 2 -12 E (To record cost of goods sold) une 117 No Entry o No Entry 0 une 12 Sales Returns and Allowances 400 400 Accounts Receivable (To record credit sale) Inventory 210 Cost of Goods Sold 210 (To record cost of goods returned) e 19 Cash Sales Discounts Accounts Receivable List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer MacBook Pro