Blue Spruce's Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,040 from Catlin Publishers, terms 2/10,n/30 3 Sold books on account to Garfunkle Bookstore for $1,300. The cost of the books sold was $670. 6 Received $40 credit for books returned to Catlin Publishers. 9. Paid Catlin Publishers in full. 15 Received payment in full from Garfunkle Bookstore. 17 Sold books on account to Bell Tower for $1,300. The cost of the merchandise sold was $790. 20 Purchased books on account for $800 from Priceless Book Publishers, terms 1/15,n/30. 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $1,280. The cost of the merchandise sold was $850. 30 Granted General Bookstore $120 credit for books returned costing $80. (To record cedt sale) (To record cost of merchandise sold) (To record aedt ssle) (To record cost of merchandse solde) (To record credit sale) (To record cost of merchandive sold)