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Crane Warehouse distributes hardback books to retail stores and extends credit terms of 4/10, 1/30 to aff of its customers During the month of

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Crane Warehouse distributes hardback books to retail stores and extends credit terms of 4/10, 1/30 to aff of its customers During the month of June, the following merchandising transactions occurred June 1 3 6 Purchased books on account for $2.180 (including freight) from Catlin Publishers, terms 4/10, 1/30 Sold books on account to Garfunkel Bookstore for $900. The cost of the merchandise sold was $700. Received $80 credit for books returned to Catlin Publishers Paid Catlin Publishers in full. 15 Received payment in full from Garfunkel Bookstore 17 20 Sold books on account to Bell Tower for $1.600, terms of 4/10, n/30. The cost of the merchandise sold was $950. Purchased books on account for $800 from Priceless Book Publishers, terms 3/15, n/30 24 Received payment in full, less discount from Bell Tower 261 Paid Priceless Book Publishers in full 28 Sold books on account to General Bookstore for $1.800. The cost of the merchandise sold was $820 30 Granted General Bookstore $300 credit for books returned costing $40 Journalize the transactions for the month of June for Crane Warehouse, using a perpetual inventory system. If no entry is required select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. De not indent manually. Record journal entries in the order presented in the problem.

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