6 9 Wildhorse Warehouse distributes hardback books to retail stores and extends credit terms of 4/10,1030 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2.265 (including freight from Catin Publishers, terms 4/10,1130 Sold books on account to Garfunkel Bookstore for $1,400. The cost of the merchandise old was $800. Received $65 credit for books returned to Catlin Publishers Paid Catlin Publishers in full 15 Received payment in full from Garfunkel Bookstore Sold books on account to Bell Tower for $1.000 terms of 4/10,6/30. The cost of the merchandise sold was $850. 20 Purchased books on account for $800 from Priceless Book Publishers, terms 3/15, 1/30 Received payment in full less discount from Bell Tower 26 Paid Priceless Book Publishers intus 28 Sold books on account to General Bookstore for $2.950. The cost of the merchandise sold won 5830. 30 Granted General Bookstore $120 credit for books returned costing $60. 17 24 Joumalize the transactions for the month of June for Wildhorse Warehouse, using a perpetual inventory system frentry's required, select "No Entry for the account titles and enter for the amounts Credit Account titles are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit June 1 Purchases 2365 Accounts Payable June 3 Accounts Receivable 1400 v 85 Sales Revenue (To record sale of books on account) Accounts Payable Purchase Returns and Allowances (To record cost of books sold) Accounts Payable 2200 Purchase Discounts Cash Accounts Receivable 1400 800 (To record sale of books on account) > 950 40 (To record cost of merchandise sold) > 2950 June 30