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Question 3 of 6 - /1 E Current Attempt in Progress On October 5, Whispering Winds Corporation buys merchandise on account from Marigold Company. The
Question 3 of 6 - /1 E Current Attempt in Progress On October 5, Whispering Winds Corporation buys merchandise on account from Marigold Company. The selling price of the goods is $5,100, and the cost to Marigold Company is $3,150. On October 8, Whispering Winds Corporation returns defective goods with a selling price of $710 and a scrap value of $260. Record the transactions on the books of Marigold 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 for the amounts.) Date Account Titles and Explanation Debit Credit Oct. 5 Oct. 8 (To record credit sales) (To record the cost) (To record goods returned) (To record the cost of goods returned)
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