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Questions 9.10(of 10) Problem 6-3A Record transactions and prepare a partial income statement using a perpetual inventory system (LO6-2, 6-5) The following information applies to the questions displayed below July At the beginning of July, CD City has a balance in inventory of $2.400 The following transections occur during the month of July 3 Purchase CDs on account from Wholesale Music for $1,300, terms 110, n/30 July 4 Pay cash for freight charges related to the July 3 purchase from Wholesale Music, $120 July 9 Return incorrectly ordered CDs to Wholesale Music and receive credit, $200 July 11 Pay Wholesale Music in full July 12 Sell CDs to customers on account $3.800, that had a cost of $2,000 July 15 Receive full payment from customers related to the sale on July 12 July 18 Purchase CDs on account from Music Supply for $2100, terms 1/10, n/30 July 22 Sell CDs to customers for cash, $3,200, that had a cost of S1,500 July 28 Return CDs to Music Supply and receive credit of $100 July 30 Pay Music Supply in full References Probiem 6-3A Record transactions and prepare a partial income statement using a perpetual inventory system (106 2,6-5) Section Break 9. 300 points value Problem 6-3A Part 1 Required 1. Assuming that CD City uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No journa View transaction list