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Joumalice, without explanations, the following transactions of Happiness Cards, a wholesalor that uses the perpotual inventory system, during the month of June anaz June 3

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Joumalice, without explanations, the following transactions of Happiness Cards, a wholesalor that uses the perpotual inventory system, during the month of June anaz June 3 Purchased 532,000 of inventory trom a manutacturer under terms of 1/10 noom and FOB shipping point. June 7 Puturned 53,500 of dofoctive merchandise purchased on June 3 June 9 Paid freight bill of 5910 on June 3 purchase. June 16 Granted a sales nllowance of $1,400 on the portion of the June 10 sale that was ca account. June 23 Recevod cash from June 10 customer in flill settlement of the dobt. mounte to the nearest whole dollar.)

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