Carla Vista 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 $1,755 (including freight) from Catlin Publishers, terms 2/10,n/30. 3 Sold books on account to Garfunkel Bookstore for $1,200. The cost of the merchandise sold was $850. 6. Received $55 credit for books retuened 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 $1,550. The cost of the merchandise sold was $850. 20 Purchased books on account for $900 from Priceless Book Publishers, terms 3/15,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 $2,650. The cost of the merchandise sold was $950. 30. Granted General Bookstore $210 credit for books returned costing $30. 900 Accounts Payable Sales Discounts Accounts Recelvable 1550 (To record sale of books on account)