Joumalize, without explanations, the following transactions of Happiness Cards, a wholesaler that uses the perpetual inventory system during the month of June 2020 Jun. 3 Purchased $22,000 of inventory from a manufacturer under terms of 2/10, com and FOB shipping point 7 Retumed 54,300 of defective merchandise purchased on June 3 9 Paid freight bill of 5750 on June 3 purchase 10 Sold inventory for $19,000 to a retail store, collecting cash of $2.000 Payment terms on the remainder were 2/15. n/30. The goods cost Happiness Cards $11.400 12 Pald amount owed on credit purchase of June 3 16 Granted a sales allowance of 51.000 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer inful selement of the debt June 3. Purchased $22.000 of inventory from a manufacturer under forms of 2/10, com and FOB shipping point (Record debit first, then credits. Exclude explanations from journal entries. Round all answers to the nearest whole dollar) Journal Entry Date Accounts Debit Credit Jun Journalize, without explanations, the following transactions of Happiness Cards, a wholesaler that uses the perpetual inventory system during the month of June 2020 Jun 3 Purchased $22,000 of inventory from a manufacturer under terms of 2/10, neom and FOB shipping point. 7 Returned 54,300 of defective merchandise purchased on June 3 9 Paid freight bill of 5750 on June 3 purchase 10 Sold inventory for $19,000 to a retail store, collecting cash of $2,800. Payment terms on the remainder were 2/15. n/30. The goods cost Happiness Cards $11.400 12 Paid amount owed on credit purchase of June 3 16 Granted a sales allowance of $1,800 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debt June 7. Returned $4,300 of defective merchandise purchased on June 3 Journal Entry Accounts Date Debit Crede Jun Journalize, without explanations, the following transactions of Happiness Cards, a wholesale that uses the perpetual inventory system, during the month of June 2020 Jun 3 Purchased 522,000 of Inventory from a manufacturer under terms of 2/10, om and FOB shipping point 7 Returned 54,300 of defective merchandise purchased on June 3 9 Paid freight bill of $750 on June 3 purchase 10 Sold inventory for 519,000 to a retail store, collecting cash of 52,800. Payment terms on the remainder were 2/15, n/30 The goods cost Happiness Cards $11.400 12 Paid amount owed on credit purchase of June 3 16 Granted a sales allowance of $1,800 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debt June 9. Pald freight bill of $750 on June 3 purchase Journal Entry Date Accounts Dobit Credit Jun 9 Journalize, without explanations, the following transactions of Happiness Cards, a wholesale that uses the perpetual Inventory system, during the month of June 2020 Jun 3 Purchased $22,000 of inventory from a manufacturer under terms of 2/10, com and FOB shipping point 7 Returned 54,300 of defective merchandise purchased on June 3 9 Paid freight bill of 5750 on June 3 purchase 10 Sold Inventory for $19,000 to a retail store, collecting cash of 2,800 Payment terms on the remainder were 2/15/30 The goods cast Happiness Cards $11.000 12 Pald amount owed on credit purchase of June 3 16 Granted a sales allowance of 51,000 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debit June 10. Sold Inventory for $19.000 to a retail store, collecting cash of $2.500 Payment terms on the remainder were 2/15/30 The goods Happiness Cards 511000 Do not record the cost of goods sold yet Journal Entry Date Accounts Deble Credit Jun 10 Journalize, without explanations, the following transactions of Happiness Cards a wholesaler that uses the perpetual inventory system, during the month of June 2020 Jun 3 Purchased $22,000 of inventory from a manufacturer under terms of 2/10, wcom and FOB shipping point 7 Returned $4,300 of defective marchandise purchased on June 3 9 Paid freight bill of $750 on June 3 purchase 10 Sold inventory for $19.000 to a retail store, collecting cash of $2.000 Payment terms on the remainder were 2/15, n/30. The goods cost Happiness Cards $11,400 12 Pald amount owed on credit purchase of June 3. 16 Granted a sales allowance of $1.800 on the portion of the June 10 sale that was on account. 23 Received cash from June 10 customer in full settlement of the debt Now, record the cost of goods sold on June 10th Journal Entry Date Accounts Debit Credit Jun 10 Journalize, without explanations, the following transactions of Happiness Cards, a wholesaler that uses the perpetual inventory system, during the month of June 2020 Jun 3 Purchased $22,000 of inventory from a manufacturer under terms of 2/10, neom and FOB shipping point 7 Returned $4,300 of defective merchandise purchased on June 3. 9 Paid freight bill of $750 on June 3 purchase 10 Sold inventory for $19,000 to a retail store, collecting cash of $2,800. Payment terms on the remainder were 2/15, n/30. The goods cost Happiness Cards $11,400 12 Paid amount owed on credit purchase of June 3 16 Granted a sales allowance of $1,800 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debt. June 12. Paid amount owed on credit purchase of June 3 Journal Entry Date Accounts Jun 12 Debit Credit Journalize, without explanations, the following transactions of Happiness Cards, a wholesaler that uses the perpetual inventory system, during the month of June 2020 Jun 3 Purchased $22,000 of Inventory from a manufacturer under terms of 2/10, weom and FOB shipping point 7 Returned $4,300 of defective merchandise purchased on June 3. 9 Paid freight bill of $750 on June 3 purchase 10 Sold inventory for $19,000 to a retail store, collecting cash of $2,800. Payment terms on the remainder were 2/15, n/30. The goods cost Happiness Cards $11,400 12 Paid amount owed on credit purchase of June 3 16 Granted a sales allowance of $1,800 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debt. June 16. Granted a sales allowance of $1,800 on the portion of the June 10 sale that was on account Journal Entry Date Accounts Debit Credit Jun 16 Journalize, without explanations, the following transactions of Happiness Cards, a wholesale that uses the perpetual Inventory system, during the month of June 2020 Jun 3 Purchased $22.000 of inventory from a manufacturer under terms of 2/10, neom and FOB shipping point 7 Returned $4,300 of defective merchandise purchased on June 3 9 Paid freight bill of 5750 on June 3 purchase 10 Sold inventory for $19,000 to a retail store, collecting cash of $2,800. Payment terms on the remainder were 2/15. n/30. The goods cost Happiness Cards 511,400 12 Paid amount owed on credit purchase of June 3 16 Granted a sales allowance of 51.800 on the portion of the June 10 sale that was on account 23 Received cash from June 10 customer in full settlement of the debt June 23. Received cash from the June 10 customer in full settlement of the debt Journal Entry Date Accounts Debit Jun 23