Question 4 of 6 View Policies Current Attempt in Progress On June 10, Sheridan Company purchased...

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Question 4 of 6 View Policies Current Attempt in Progress On June 10, Sheridan Company purchased $7,700 of merchandise from Crane Company, terms 3/10, n/30. Sheridan Company pays the freight costs of $430 on June 11. Goods totaling $800 are returned to Crane Company for credit on June 12 On June 19, Sheridan Company pays Crane Company in full, less the purchase discount. Both companies use a perpetual inventory system Prepare separate entries for each transaction on the books of Sheridan Company (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.) Date Account Titles and Explanation Debit Credit Question 4 of 6 View Policies Current Attempt in Progress On June 10, Sheridan Company purchased $7,700 of merchandise from Crane Company, terms 3/10, n/30. Sheridan Company pays the freight costs of $430 on June 11. Goods totaling $800 are returned to Crane Company for credit on June 12 On June 19, Sheridan Company pays Crane Company in full, less the purchase discount. Both companies use a perpetual inventory system Prepare separate entries for each transaction on the books of Sheridan Company (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.) Date Account Titles and Explanation Debit Credit