Record the transactions on the books of Flint Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Oct. 5 Accounts Receivable 5000 5000 8 Sales Returns and Allowances 770 Accounts Receivable 770 On October 5, Pina Colada Corporation buys merchandise for resale on account from Flint Corporation. The selling price of the goods is $5,000, and the cost to Flint Company is $3,030. On October 8, Pina Colada returns defective goods with a selling price of $770 and a cost of $250. It is anticipated that these goods can be resold at a discount at some point in the future for at least their cost of $250, if not more. Both companies use a periodic inventory system