Blue Spruce Warehouse distributes hardback books to retail stores and extends credit to all of its customers: During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2,180 from Catlin Publishers. 3 Sold books on acegunt to Garfunkel Bookstore for $1,600. The cost of the merchandise sold was $700. 6 Received $80 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full. 15 Recelved payment in full from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,600. The cost of the merchandise sold was $950. 20 Purchased books on account for $700 from Priceless Book Publishers. 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $1.800. The cost of the merchandise sold was 5820. 30 Granted General Bookstore $300 creclit for books returned costing $40. Prepare a tabular summary to record the transactions for the month of June for Blue Spruce Warehouse using a perpetual inventory : system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number es. 45 or porentheses es (45). 20