Record the following transactions for Crane Company. $($Credit account tilles ore automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

On August $4.$ Crane sold merchandise on account to $5$ wift Company for $$500,$ terms $\frac{2}{10},\frac{n}{30}.$

On August $7.$ Crane granted Swift a sales allowance and reduced the cost of the merchandise by $$50$ because some of the goods were slightly damaged.

On August $12,5$wift paid the account in full.