pls answer correctly On June 10 , Oriole Company sold $9,500 of...
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On June 10 , Oriole Company sold $9,500 of merchandise to Skysong Company. FOB shipping point, terms 2/10,n/30. The merchandise purchased by Skysong on June 10 cost Oriole $4,700. Skysong pays the freight costs of $510 on June 11 . Damaged goods totaling $300 are returned to Oriole for credit on June 12 . The fair value of these goods is $80. On June 19, Skysong pays Oriole Company in full, less the purchase discount. Prepare separate entries for each transaction for Oriole Company for June 12 and June 19 using the perpetual inventory system. (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.)
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On June 10 , Oriole Company sold $9,500 of merchandise to Skysong Company. FOB shipping point, terms 2/10,n/30. The merchandise purchased by Skysong on June 10 cost Oriole $4,700. Skysong pays the freight costs of $510 on June 11 . Damaged goods totaling $300 are returned to Oriole for credit on June 12 . The fair value of these goods is $80. On June 19, Skysong pays Oriole Company in full, less the purchase discount. Prepare separate entries for each transaction for Oriole Company for June 12 and June 19 using the perpetual inventory system. (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.)
