Attempts - Your answer is partially correct. Record the transactions on the books of Swifty Corporation. (Credit account titles are automatically indented when the amoun entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts Debit Credit Date Account Titles and Explanation Oct. 5 Cash 3,110 Cost of Goods Sold 3,110 8 Accounts Payable 250 Purchase Returns and Allowances 250 e Textbook and Media List of Accounts Attempts: 1 of 2 used Save for Later Submit nts > Assignment 2 ent 2 Send to Gradebook Question 3 1.01/1.5 View Policies Show Attempt History Current Attempt in Progress On October 5, Blue Spruce Corporation buys merchandise for resale on account from Swifty Corporation. The selling price of the goods is $4.920, and the cost to Swifty Company is $3,110. On October 8, Blue Spruce returns defective goods with a selling price of $760 and a cost of $250. It is anticipated that these goods can be resold at a discount at some point in the future for at least their cost of $250, if not more. Both companies use a periodic inventory system. Your answer is correct. Record the transactions on the books of Blue Spruce Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Oct. 5 Purchase