Ivanhoe Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,855 (including freight) from Catlin Publishers, terms 2/10,n/30. 3 Sold books on account to Garfunkel Bookstore for $1,100. The cost of the merchandise sold was $750. 6 Received $55 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full. 15 Received payment in full from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,450. The cost of the merchandise sold was $700. 20 Purchased books on account for $900 from Priceless Book Publishers, terms 1/15,n/30. 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $2,050. The cost of the merchandise sold was $970. 30 Granted General Bookstore $240 credit for books returned costing $70. Journalize the transactions for the month of June for Ivanhoe Warehouse, using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. June 15 Cash Accounts Receivable June 17 Accounts Receivable Sales Revenue (To record sale of books on account) June 17 Cost of Goods Sold Imventory (To record cost of merchandise sold) June 20 Imventory Accounts Payable June 24 Cash Sales Discounts Accounts Receivable June 26 Accounts Payable Imventory Cash Accounts Receivable Sales Revenue (To record sale of books on account) 1,100 1450 22