During June 2020, Hemdan company completed the following merchandising transactions. The company is using the perpetual inventory system. - June 1 Purchased Merchandise from Hamad Company for $30,000 under credit terms 2/10, net 30, FOB destination. June 4 Received a credit memo from Hamad of $400 for the return of part of the merchandise purchased on May 1. June 10 Paid the amount owed to Hamad Company. June 12 Sold merchandise to Hessa Co. for $10,000 under credit terms 2/15 net 30, FOB destination. The merchandise had a cost of 3,700. June 14 Paid $150 freight charges on the sale of May 12. June 15 Issued a 400 credit memo to Hessa for a defective merchandise returned. June 20 Collected the amount due from Hessa Company for the invoice dated June 12. Answer: Date Accounts Debit Credit