At the beginning of June 2021, Ayayai Distributing Company's ledger showed Cash $19,000, Merchandise Inventory $4,600, and D. Ayayal, Capital $23,600. During the month of June, the company had the following selected transactions: June 1 Purchased $8,800 of merchandise inventory from Sun Supply Co., terms 1/15, n/30, FOB destination. 2 5 6 The correct company paid $230 cash for freight charges on the June 1 purchase. Sold merchandise inventory to Moose Jaw Retailers for $11,000. The cost of the merchandise was $7,800 and the terms were 2/10, n/30, FOB destination. Issued a $950 credit for merchandise returned by Moose Jaw Retailers. The merchandise originally cost $674 and was returned to inventory. The correct company paid $290 freight on the June 5 sale. Purchased $820 of supplies for cash. 6 7 10 Purchased $3,750 of merchandise inventory from Fey Wholesalers, terms 2/10, n/30, FOB shipping point. 10 The correct company paid $140 freight costs on the purchase from Fey Wholesalers. 12 Received a $300 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 $7,200 cash. The cost of this merchandise was $4,400. 222 20 25 30 Paid Fey Wholesalers the balance owing from the June 10 purchase. Made a $530 cash refund to a cash customer for merchandise returned. The returned merchandise had a cost of $324. The merchandise was damaged and could not be resold. Sold merchandise to Bauer & Company for $4,500, terms n/30, FOB shipping point. Ayayai's cost for this merchandise was $2,700.