Check my work mode : This shows what is correct or incorrect for the work you have co Required information Problem 6-3B Record transactions and prepare a partial income statement using a perpetual inventory system (L06-2, 6-5) [The following information applies to the questions displayed below.) At the beginning of June, Circuit Country has a balance in inventory of $2,500. The following transactions occur during the month of June. June 2 Purchase radios on account from Radio World for $2,200, terna 2/15, n/45. June 4 Pay cash for freight charges related to the June 2 purchase from Radio World, $300. June & Return defective radios to Radio World and receive credit, $200. June 10 Pay Radio World in full. June 11 Sell radios to customers on account, $4,000, that had a cost of $2,700. June 18 Receive payment on account from customers, $3,000. June 20 Purchase radios on account from Sound Unlimited for $3,300, terms 3/10, n/30. June 23 Sell radios to customers for cash, $4,800, that had a cost of $3,100. June 26 Return damaged radios to Sound Unlimited and receive credit of $400. June 28 Pay Sound Unlimited in full. Problem 6-3B Part 1 Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Answer is not complete. No General Journal Date June 02 Debit Credit 1 Retained Earnings 3 2 2 June 04 Retained Earnings Cash 3 June 08 Cash 4 June 10 Cash Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 2 Answer is not complete. Debit General Journal No Credit Date June 02 1 Retained Earnings 2 June 04 Retained Earnings Cash 3 June 08 Cash > 4 June 10 Cash Deferred revenue 5 June 11 Accounts Receivable Sales Allowances X 6 June 11 Cost of Goods Sold > 7 June 18 Cash Accounts Receivable 9 June 23 Cash o 10 June 23 Cost of Goods Sold Inventory 11 June 26 Cash 12 1 June 28 Cash Prev 8 9 of 9