During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased goods for $7,100 from Diamond Inc. with terms 2/10, 1/30. 5 Returned goods conting $2,600 to Dianond Ine. for credit on account. 6 Purchased goods from Club Corp. for $2,500 vith terna 2/10, n/30. 11 Paid the balance owed to Diamond Ine. 22 Paid Club Corp. in full. * Required: Prepare journal entries to record the transactions, assuming Ace records discounts using the gross method in a perpetual inventory system. (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 $7,100 on account from Diamond Inc. with terms 2/10, 1/30 Note: Enter debits before credits Date General Journal Debit Credit June 03