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Can you help me to solve this? assignment/test/qprint.uni t the beginning of June 2017, Pina Colada Distributing Company's ledger showed Cash $18,000, Merchandise Inventory $6,000,

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assignment/test/qprint.uni t the beginning of June 2017, Pina Colada Distributing Company's ledger showed Cash $18,000, Merchandise Inventory $6,000, and D. Pina Colada, Capital, $24,000. During the month of June, the company had the following selected tra ine 1 Purchased $8,910 of merchandise inventory from Sun Supply Co., terms 1/15, n/30, FOB destination. 2 The correct company paid $220 cash for freight charges on the June 1 purchase. 5 Sold merchandise inventory to Moose Jaw Retailers for $12,200. The cost of the merchandise was $7,700 and the terms were 2/10, n/30, FOB destination. 6 Issued a $820 credit for merchandise returned by Moose Jaw Retailers. The merchandise originally cost $540 and was returned to inventory. 6 The correct company paid $280 freight on the June 5 sale. 7 Purchased $840 of supplies for cash. 10 Purchased $4,550 of merchandise inventory from Fey Wholesalers, terms 2/10, n/30, FOB shipping point. 10 The correct company paid $150 freight costs on the purchase from Fey Wholesalers. 12 Received a $300 credit from Fey Wholesalers for returned merchandise. 14 Paid Sun Supply Co. the amount due. 15 Collected the balance owing from Moose Jaw Retailers. 19 Sold merchandise for $7,100 cash. The cost of this merchandise was $4,500. 20 Paid Fey Wholesalers the balance owing from the June 10 purchase. 25 Made a $520 cash refund to a cash customer for merchandise returned. The returned merchandise had a cost of $325. The merchandise was damaged and could not be resold. 30 Sold merchandise to Bauer & Company for $4,200, terms n/30, FOB shipping point. Pina Colada's cost for this merchandise was $2,600. A physical inventory count shows $3,900 of inventory on hand on June 30, 2017. Record the transactions assuming Pina Colada uses a periodic inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit June Merchandise Inventory 8910 Accounts Payable 8910 June 2 Merchandise Inventory 220 Cash 220 June 5 Accounts Receivable 12200 Sales 12200 Sales Returns and Allowances 820 June 6 Accounts Receivable 820 (To record credit granted for returned goods) 280 June 6 Freight Out 280 Cash (To record freight paid) 840 June 7 Accounts Payable 840 Cash 4550 June 10 Merchandise Inventory

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