At the beginning of June 2017, Riverbed Distributing Company's ledger showed Cash $18,000, Merchandise Inventory $5,900, and D. Riverbed, Capital, $23,900. During the month of June, the company had the following selected transactions:

June 1

Purchased $9,200 of merchandise inventory from Sun Supply Co., terms 1/15, n/30, FOB destination.

2

The correct company paid $200 cash for freight charges on the June 1 purchase.

5

Sold merchandise inventory to Moose Jaw Retailers for $13,000. The cost of the merchandise was $7,700 and the terms were 2/10, n/30, FOB destination.

6

Issued a $900 credit for merchandise returned by Moose Jaw Retailers. The merchandise originally cost $580 and was returned to inventory.

6

The correct company paid $280 freight on the June 5 sale.

7

Purchased $780 of supplies for cash.

10

Purchased $4,050 of merchandise inventory from Fey Wholesalers, terms 2/10, n/30, FOB shipping point.

10

The correct company paid $120 freight costs on the purchase from Fey Wholesalers.

12

Received a $200 credit from Fey Wholesalers for returned merchandise.

14

Paid Sun Supply Co. the amount due.

15

Collected the balance owing from Moose Jaw Retailers.

19

Sold merchandise for $7,500 cash. The cost of this merchandise was $4,600.

20

Paid Fey Wholesalers the balance owing from the June 10 purchase.

25

Made a $480 cash refund to a cash customer for merchandise returned. The returned merchandise had a cost of $305. The merchandise was damaged and could not be resold.

30

Sold merchandise to Bauer & Company for $4,400, terms n/30, FOB shipping point. Riverbed's cost for this merchandise was $2,600.

A physical inventory count shows $3,700 of inventory on hand on June 30, 2017.

(a)

Record the transactions assuming Riverbed uses a periodic inventory system.