On June 10, Oriole Company purchased $ 7,500 of merchandise fromIvanhoe Company, terms  2/10, n/30. Oriole Company paysthe freight costs of $ 360 on June 11. Goods totaling $ 300 arereturned to Ivanhoe Company for credit on June 12. On June 19,Oriole Company pays Ivanhoe Company in full, less the purchasediscount. Both companies use a perpetual inventorysystem.

Prepare separate entries for each transaction on the books ofOriole Company. (If no entry is required, select "NoEntry" for the account titles and enter 0 for the amounts. Creditaccount titles are automatically indented when amount is entered.Do not indent manually. Record journal entries in the orderpresented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Choose a transaction date  June 10June 11June 12June19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
Choose a transaction date  June 10June 11June 12June19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
Choose a transaction date  June 10June 11June 12June19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
Choose a transaction date  June 10June 11June 12June19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount

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List of Accounts

Prepare separate entries for each transaction for IvanhoeCompany. The merchandise purchased by Oriole Company on June 10cost Ivanhoe Company $ 2,960, and the goods returned cost IvanhoeCompany $ 200. (If no entry is required, select "Noentry" for the account titles and enter 0 for the amounts. Creditaccount titles are automatically indented when amount is entered.Do not indent manually. Record journal entries in the orderpresented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Choose a transaction date  June 10June 11June 12June19	Enter an account title to record credit sale	Enter a debit amount	Enter a credit amount
	Enter an account title to record credit sale	Enter a debit amount	Enter a credit amount
	(To record credit sale)
	Enter an account title to record cost of goods sold	Enter a debit amount	Enter a credit amount
	Enter an account title to record cost of goods sold	Enter a debit amount	Enter a credit amount
	(To record cost of goods sold)
Choose a transaction date  June 10June 11June 12June19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
Choose a transaction date  June 10June 11June 12June19	Enter an account title to record credit sale	Enter a debit amount	Enter a credit amount
	Enter an account title to record credit sale	Enter a debit amount	Enter a credit amount
	(To record credit sale)
	Enter an account title to record cost of goods returned	Enter a debit amount	Enter a credit amount
	Enter an account title to record cost of goods returned	Enter a debit amount	Enter a credit amount
	(To record cost of goods returned)
June 19	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount
	Enter an account title	Enter a debit amount	Enter a credit amount

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