Your answer is partially correct. Prepare the July 1 entry for Flint Corporation to record the purchase. (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 O for the amounts.) Account Titles and Explanation Debit Credit Cash 50,100 Accounts Receivable 91,600 Inventory 127,500 Land 63,800 Buildings 74,600 Equipment 71,500 Trademarks 15,760 Goodwill Accounts Payable 208,000 Notes Payable 138,000 Cash 257,900