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Flounder's Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its curtorners During the month of June,

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Flounder's Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its curtorners During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,020 from Catlin Publishers, terms 2/10,n/30. 3: Sold books on account to Garfunkle Bookstore for $1.220. The cost of the books sold was $660. 6 Received $20 credit for books returned to Catlin Publishers. 9. Paid Catlin Publishers in full. 15 Received payment in full from Garfunkle Bookstore. 17. Sold books on account to Bell Tower for $1,200. The cost of the merchandise sold was S800. 20 Purchased books on account for $600 from Priceless Book Publishers terms 1/15, n30. 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $1,430. The cost of the merchandise sold was $780. 28 Sold books on account to General Bookstore for $1.430. The cost of the merchandise sold was $780. 30 Granted General Bookstore $140 credit for books returned costing $70. Journalize the transactions for the month of June for Flounder Warehouse using a perpetual inventory yystem furedit decuunt nites are automatically indented when amount is entered. Do not indent manualiy, If no entry is required, select "Mo Entry" for ithr sesount titier and enter 0 for the amounts. Record joumal entries in the order presented in the problem.)

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