Suppose Enviro.com sells 4,500 books on account for $12 each (cost of these books is $32,400) on October 10, 2018 to Letters and More. One hundred of these books (cost $720) were damaged in shipment, so Enviro.com later received the damaged goods from Letters and More as sales retums on October 13, 2018. Assume both companies use a perpetual inventory system and that sales are recorded at the net amount.) Read the requirements Requirement 1. Joumalize Letters and More's October 2018 transactions. (Record debits first, then credits. Exclude explanations from journal entries.) Oct. 10: Letters and More purchased 4,500 books on account for $12 each from Enviro.com. Date Accounts Debit Credit Oct. 10 Requirements 1. Jounalize Letters and More's October 2018 transactions. Jounalize Enviro.com's October 2018 transactions. The company estimates sales returns at the end of each month 2. Print Done