At the beginning of June 2021, Blue Spruce Distributing Company's ledger showed Cash $19,000, Merchandise Inventory $4,400, and D. Blue Spruce, Capital $23,400. During the month of June, the company had the following selected transactions: June 1 2 The correct company paid $250 cash for freight charges on the June 1 purchase. Purchased $9,000 of merchandise inventory from Sun Supply Co., terms U15, nf30, FDB destination. 5 Sold merchandise inventory to Moose Jaw Retailers for $11,800. 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 $560 and was returned to inventory. 6 The correct company paid $280 freight on the June 5 sale. 7 Purchased $770 of supplies for cash. 10 Purchased $4,450 of merchandise inventory from Fey Wholesalers, terms 21'10, m'30, FOB shipping point. 10 The correct company paid $140 freight costs on the purchase from Fey Wholesalers. 12 Received a $250 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 $7,300 cash. The cost of this merchandise was $4,400. 20 Paid Fey Wholesalers the balance owingfrom the June 10 purchase. 25 Made a $490 cash refund to a cash customer for merchandise returned. The returned merchandise had a cost of $325. The merchandise was damaged and could not be resold. 30 Sold merchandise to Bauer 8; Company for $4,500, terms n{30, FOB shipping point. Blue Spruce's cost for this merchandise was $2,700. A physical inventory count shows $3,900 of inventory on hand on June 30, 202 1