Current Attempt in Progress Ivanhoe'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 3 6 9 15 17 20 24 26 28 30 Purchased books on account for $1,700 from Binsfeld Publishers, terms 2/10, n/30. Sold books on account to Reading Rainbow for $2,900. The cost of the books sold was $1,700. Received $150 credit for books returned to Binsfeld Publishers. Paid Binsfeld Publishers in full. Received payment in full from Reading Rainbow. Sold books on account to Rapp Books for $1,500. The cost of the merchandise sold was $900. Purchased books on account for $1,500 from McGinn Publishers, terms 1/15, n/30. Received payment in full from Rapp Books. Paid McGinn Publishers in full. Sold books on account to Baeten Bookstore for $1,400. The cost of the merchandise sold was $970. Granted Baeten Bookstore $170 credit for books returned costing $102. Journalize the transactions for the month of June for Ivanhoe'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 10 Account Titles and Explanation (To record credit sale) A Debit Credit

During the month of fune, the following merctand she traesactions ecrurred. June 1 Purchased books en account for $1,700 from Binsfeld Publishers, terms 2/10,2/30 3 Sold books on account to Reading Rainbow for $2,900. The cost of the books sold was $1,700 6 Recrived $150 credt for books returned to Binsteld Publishers 9 Paid Einsteld Publishers in tull. 15 Recelved payment in full from Reading Rainbow 17 Sold books on account to Rapp Bonoks for $1,500 The cost of the merchandise sold was $900. 20 Purchased bools on account for $1,500 from McGin Publishers, terms 1/15,n/30 24 Received payment in full from Rapo Books 26 Paid McGina Publishers infult. 26. Sold books on account to Buten Bookstore for $1,400. The cost of the merchandise sold was $970. 30 Granted Baeten Bockstore $170 credt for bocks returned costing $102 Journallise the transactions for the month of June for Wanhoe's Book Warehouse using a perpetual inventory system Qubst af detit required, seinct "No Entry" for the account tilles and enter Ofor the amounts) (To record credt saie) (To record cont of merchandse sold)