Homework Answers
| Date | Account Title | Debit | Credit |
| October 3 | Cash | $6,000 | - |
| Sales Revenue | - | $6,000 | |
| October 3 | Cost of goods sold | $3,600 | - |
| Merchandise inventory | - | $3,600 | |
| October 9 | Sales returns and allowance | $710 | - |
| Cash | - | $710 | |
| October 9 | Merchandise inventory ($3,600 X $710 / $6,000) | $426 | - |
| Cost of goods sold | - | $426 |
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