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CALCULATOR FULL SCREEN PRINTER VERSION RACK NI Problem 5-01A (Video) Pronghor's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10,

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CALCULATOR FULL SCREEN PRINTER VERSION RACK NI Problem 5-01A (Video) Pronghor's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10, 1/30 to all of its customers. At the end of May, Pronghor's Inventory consisted of books purchase for $1,700. During lune, the following merchandising transactions occurred. June 1Purchased books on account for $1,500 from Kine Publishers, FOB destination, terms 2/10, 1/30. The appropriate party also made a cash payment of $60 for the freight on this date. 3 Sold books on account to Reading Rainbow for $2,600. The cost of the books sold was 51,360 6 Received 150 credit for books returned to Kine Publishers 9 Pudine Publishers in full, les discount Received payment in full from Reading Rainbow 17 Sold books on account to Blanco Bocks for $2,200. The cost of the books sold was $1,320 20 Purchased books on account for $1,350 from Dietz Publishers, Fos destination, terms 2/15, 130. The appropriate party also made a cash payment of $40 for the freight on this date. 24 Received payment in toll from Blanca Books 26 Pandit Publishers in tolless discount 20 Sold books on account to Reddy Bookstore for $1,200. The cost of the books sold was 600 30 Granted Reddy Bookstore $170 credit for books returned costing 5102 15 Pronghorn's Book Warehouse's chart of us dudes the following: No. 101 Cash, No. 112 Accounts Receivable, No 120 Inventory, No. 201 Accounts Payable, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No 414 Sales Discounts and No. 505 Cost of Goods Sold Journal the transactions for the month of June for Proghom's Book Warehouse using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do net indent manually. If ne entry is required, select Entry for the accountities and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and plante Credit Debit Per i 2000-200 W. Reserved. An of we

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