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On May 6, Sunland Depot returns goods (not defective) with a selling price of $170...

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Accounting

On May 6, Sunland Depot returns goods (not defective) with a selling price of $170 and a cost of $68 to Splish Brothers and receives a credit on account. Record the transaction for Splish Brothers. (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. List all debit entries before credit entries.) Date Account Titles and Explanation May 6 (To record credit granted to Sunland Depot for returned goods.) # (To record cost of goods returned.) Debit Credit 1
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On May 6, Sunland Depot returns goods (not defective) with a selling price of $170 and a cost of $68 to Splish Brothers and receives a credit on account. Record the transaction for Splish Brothers. (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 tities and enter o for the amounts. List oll debit entries before credit entries.)

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