Ch SW Question 5 of 5 > 5/20 Riverbed Book Warehouse Ltd distributes hardcover books to retail stores. At the end of May. Riverbeds inventory consists of 230 books purchased at $15each Riverbed uses a perpetuo inventory system Return rates in the book industry are Wigh with Riverbed experiencing a 15% return rate historically During the month of June, the following merchandise transactions occurred: 9 June 1 Purchased 190 books on account for $16 each from Reader's World Publishers, terms 11:45. 3. Sold 240 books on account to The Book Nook for $25 each, with an assumed werage cost of $17. terms w/45 5 Received a 5160 credit for 10 books returned to Reader's World Publishers, Sold 73 books on account to Rent-A-Lot Bookstore for $23 each with an assumed average cost of 517 terms w/45 Issued a $276 credit memorandum to Read A-Lot Bookstore for the return of 12 damaged books. The books were determined to be no longer saleable and were destroyed 11 Purchased 130 books on account for 515 each from Read More Publishers terms /45 12 Received payment in full from The Book Nook 17 Received payment in fult from Read A-Lot Bookstore 22 Sold 125 books on account to Reader's Bookstore for $25 each with an assumed average cost of $17, termo -45 25 Granted Reader's Bookstore a 5400 credit for 16 returned books. These books were restored to inventory Pald Reader's World Publishers inful 29 Question 5 of 5 5/20 = Record the lune transactions. List all debit entries before credit entries. 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 account titles and enter for the amounts. Round your answers to decimal places, e. 5.275) Date Account Titles and Explanation Debit Credit To record sales) June (To record cost of goods sold WC. G 199.00 + Ch 5 HW Questions of 5 5/20 III June 12 June 12 June 22 : To record sales) June 22 2 CS Wante lopen C015. The owing to Th 5 HN Question 5 of 5 5/20 Jume22 To record cost of goods sold June 25 To record les returns June 253 To record cost of goods returned 29 eTextbook and Media