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Cullumber's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. At the end of May,

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Cullumber's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. At the end of May, Cullumber's inventory consisted of books purchased for $1,500. During June, the following merchandising transactions occurred. June 3 Sold books on account to Reading Rainbow for $2,800. The cost of the books sold was $1,800. 15 Recelved payment in full from Reading Rainbow. 17 Sold books on account to Rapp Books for $2,500. The cost of the books sold was $1,500. 24. Received payment in full from Rapp Books. 28 Sold books on account to Baeten Bookstore for $1.200. The cost of the books sold was $970. 30 Granted Baeten Bookstore $170 credit for books returned costing $102 Journalize the transactions for the month of June for Cullumber's Book Warchouse using a perpetual imentory system. (Credit account titles are automotically indented when amount is entered. Do not indent manualix. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter ofor the amounts.)

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