Bridgeport's Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,6/30 to all of its customer's During the month of June, the following merchandising transactions occurred. June 1 3 6 9 15 17 Purchased books on account for $ 1.120 (including freight) from Catlin Publishers, terms 2/10, 1/30. Sold books on account to Garfunkle Bookstore for $ 1,150. The cost of the books sold was $ 720.- Received $ 20 credit for books returned to Catlin Publishers. Paid Catlin Publishers in full. Received payment in full from Garfunkle Bookstore. Sold books on account to Bell Tower for $ 1,300. The cost of the merchandise sold was $ 680, Purchased books on account for $ 790 from Priceless Book Publishers, terms 1/15, 1/30, Received payment in full from Bell Tower. Paid Priceless Book Publishers in full Sold books on account to General Bookstore for $1.240. The cost of the merchandise sold was $ 820. Granted General Bookstore $ 130 credit for books returned costing $ 80. 20 24 26 28 30 Date Account Titles and Explanation Debit Credit June 1 June 3 (To record credit sale) June (To record cost of merchandise sold) June - (To record cost of merchandise sold) I June 9 June 15 June 17 June 20 (To record credit sale) June 24 June 24 (To record cost of merchandise sold) June 26 June 24 (To record credit sale) (To record cost of merchandise sold) (To record merchandise returned) (To record cost of merchandise returned)