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The following are transactions between Pharoah Corp, the consipnor, and Suniand Stores Ltd, the cemtene, for the month of June 2023. Pharpah uses a perpetual imentary system and has a separate perpetual record fer irventory seat cut on consigniment. At the end of each month sales are reported by Sunland to Plaroah and a net pimpent is made. The agreement st teriates that 5 unland is to receive a 100 (of sales) comenionion and a bich of ues) rebate to oflset its advertiding cepertues. Nane 1 Pharoah shios merchandise costing $499000 antemsiphent to Suriand Stores. Juen 5 Pharoahpays the freight of $4,000 for the abore shipment of June 1 . Jine 39 fiemmary enter tor the montiof Jume Sunlard sebe bat of the enerchindice for 5620.000cmh anount die iender the consignenent ageenent. Fispoifi recorde the recelpt of the cheque fram Sandand (a) Prepare tive journul entrius necessary on the books of Phoroaht. (Credit account litles are automatically indentod when the anount a entered Do not indent menually, It no entry is requined, select "No Entry" for the accoumt titier and enter Ofor the omeunts Record journal entries in the order preiented in the problem. List all debit entries before credit entries) Question 4 of 5 c DateAccountTitiesandExplanationDebitCredit [To record sum wary entry] 120A