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Fortuna Retailers and Bello Distributors had the following transactions in June. Both companies use a perpetual inventory system and the earnings approach for revenue recognition.

Fortuna Retailers and Bello Distributors had the following transactions in June. Both companies use a perpetual inventory system and the earnings approach for revenue recognition.
June 1 Fortuna Retailers purchased merchandise inventory for resale from Bello Distributors for $8,500. Terms of purchase were 2/10, n/30, FOB shipping point.
June 2 The correct company paid %175 cash for freight charges.
June 3 Fortuna noted that some of the goods were not exactly as ordered and returned the goods to Bello Distributors. Bello Distributors granted Fortuna a $500 purchase return.
June 10 Fortuna paid Bello Distributors the amount owing.
Additional information for Bello Distributors:
1. The cost of the merchandise sold on June 1 was $5,300.
2. The cost of the merchandise returned on June 3 was $300.
Questions:
a. Journalize the June transactions for Fortuna Retailers.
b. Journalize the June transactions for Bello Distributors.
Please give the answers in Table Format

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