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On October 5, Marigold Company buys merchandise on account from Bramble Company. The selling price...

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Accounting

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On October 5, Marigold Company buys merchandise on account from Bramble Company. The selling price of the goods is $5.270, and the cost to Bramble Company is $3,360. On October 8, Marigold returns defective goods with a selling price of $660 and a fair value of $285. Record the transactions on the books of Bramble Company. (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 for the amounts) Account Titles and Explanation Debit Date Credit Octs (To record credit sales) (To record cost of goods sold) (To record credit granted for receipt of returned goods) (To record credit sales) (To record cost of goods sold) (To record credit granted for receipt of returned goods) (To record fair value of goods returned)

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