During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased goods for $4,100 from Diamond Inc. with terms 2/10, n/30. 5 Returned goods costing $1,100 to Diamond Inc. for credit on account. 6 Purchased goods from Club Corp. for $1,eee with terms 2/10, n/30. 11 Paid the balance owed to Diamond Inc. 22 Paid Club Corp. in full. Required: Prepare journal entries to record the transactions, assuming Ace records discounts using the net method in a perpetual inventory system. Forfeited discounts are charged to Other Operating Expenses. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the inventory purchased of $4,100 on account from Diamond Inc. with terms 2/10, n/30 Nethernet + X FO F7 B F9 F10 3 4 % 5 6 & 7 8 R . Y EU EELE VEJECU 1 2 3 4 5 > Record the inventory purchased of $4,100 on account from Diamond Inc. with terms 2/10, n/30. Note: Enter debits before credits. Debit Date June 03 Credit General Journal Cost of Goods Sold Cash Record entry Clear entry View general journal