1.journalize the transactions

ly Problem 5.1 Powell's book Warehouse distributes hardcover books to retail stores and contends credit forms of 1/10, 1/30 to all of its customers. At the end of May, Powell's Inventory consisted of books purchased for $1,600. During June, the following merchandising transactions occurred. June 1 Purchased book on account for $1,500 from Kline Publishers, ron destination terms 1/10,30, the appropriate party also made a cash payment of $40 for the right oh this date. 3 Sold books on account to Reading Rainbow for $2.900. The cost of the books cold was 1940, 6 Received $100 credit for hooks returned to Kline Publishers Paldine Publishers in full, less discount 15 Received payment in full from Reading Rainbow 17 Sold books on account to Blanco Books for $1,700. The cost of the books sold was $1,020. 20 Purchased books on account for $1.200 from Dietz Publishers, on destination forms 1/15, 30. The appropriate party so made a cash payment of 560 for the freighton this date 24 faceved payment in les discount from Blanco Books Poid De Publishers in full, les discount 20 sold book an account to Reddy tookstore for $1,200. The cout of the books old was $30 Granted fuddy Bookstore 120 credit for bookes returned cooling $72. Powel to Warehouse's chart of accounts includes the following: No. 101 Cash, No 112 Accounts receivable, No. 120 Inventory, No. 201 Accounts Payable, No. 401 sales Revenue, N412 Sales Returns and Allowances.No414 Sales Discounts, and No. 505 cost of Goods Sold Some the transactions for the month of line for Powe's Book Warehouse using a perpetu inventory system. (Credit account titles are automatically Indented when Am I enteres do not indent manually. If ne entry is rogu select "No Entry for the account titles and enter for the amounts Record journal entries in the under presented in the