Bridgeport 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 $1,280 from Catlin Publishers. 3 Sold books on account to Garfunkel Bookstore for $1,100. The cost of the merchandise sold was $800. Prepare a tabular summary to record the transactions for the month of June for Bridgeport 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 eg. -45 or parentheses e.g. (45).) 6 Received $80 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full. 15 Received payment in full from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,100. The cost of the merchandise sold was $950. 20 Purchased books on account for $800 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 $1,550. The cost of the merchandise sold was $800. 30 Granted General Bookstore $200 credit for books returned costing $70. Prepare a tabular summary to record the transactions for the month of June for Bridgeport 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 eg. -45 or parentheses eg. (45).) June 1 $ 3 Assets Cash Accts. Rec. i S 1020 9 1100 15 1100 1100 17 1100 1100 20 24 2222 28 26 793 30 90 1550 200 Inv. 1280 800 80 22 950 800 7 800 37 mon Stock i $ Stockholders' Equity Retained Earnings Rev. Exp. i $ 1100 1100 1 200 Accounts receivable 800 Cost of goods sold 950 1550 800 70 Cost of goods sold Accounts receivable Sales revenue Sales returns & allowances