On March $2,$ Blue Spruce Company sold $$997,000$ of merchandise on account to Oriole Company, terms $\frac{3}{10},\frac{\mathrm{????}}{30}.$ The cost of the merchandise sold was $$553,000.($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 $0$ for the amounts.$)$Account Titles and Explanation Debit Credit Inventory Your answer is correct. On March $6,$ Oriole Company returned $$99,700$ of the merchandise purchased on March $2.$ The cost of the returned merchandise was $$55,300.($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 $0$ for the amounts.$)$Account Titles and Explanation Debit Credit Accounts Payable On March $12,$ Blue Spruce Company received the balance due from Oriole 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 $0$ for the amounts.$)$Account Titles and Explanation Debit Credit e Textbook and Media Assistance Used.

•