Cullumber's Book Warehouse distributes hardback books to retail stores and extends credit terms of 1/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,900 from Binsfeld Publishers, terms 2/10, n/30. 3 Sold books on account to Reading Rainbow for $2,500. The cost of the books sold was $1,700. 6 Received $100 credit for books returned to Binsfeld Publishers. 9 Paid Binsfeld Publishers in full. 15 Received payment in full from Reading Rainbow. 15. 17 20 22 Sold books on account to Rapp Books for $1,700. The cost of the merchandise sold was $1,020. Purchased books on account for $1,700 from McGinn Publishers, terms 1/15, n/30. 24 Received payment in full from Rapp Books. 26 Paid McGinn Publishers in full. 28 Sold books on account to Baeten Bookstore for $1,300. The cost of the merchandise sold was $970. 30 Granted Baeten Bookstore $130 credit for books returned costing $78. Journalize the transactions for the month of June for Cullumber's Book Warehouse using a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation June 1 Inventory Accounts Payable June 3 Accounts Receivable) Sales Revenue (To record credit sale) June 3 Cost of Goods Sold June 6 Inventory (To record cost of merchandise sold) Accounts Payable Inventory June 9 Accounts Payable Inventory Cash Debit 1900 2500 1700 150 Credit 1900 2500 1700 150 June 91 v Accounts Payable Inventory Cash June 15 v Cash Accounts Payable June 17 v Accounts Receivable Sales Revenue (To record credit sale) June 17 v Cost of Goods Sold June 201 Inventory (To record cost of merchandise sold) Inventory Accounts Payable June 24 Sales Discounts Cash June 26 Accounts Payable Inventory Cash June 28 Accounts Receivable June 28 June 30 Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) Sales Returns and Allowances June 30 Accounts Receivable (To record merchandise returned) Inventory Cost of Goods Sold (To record cost of merchandise returned)