Journalize the following transactions of Royal Fashion that uses the perpetual inventory system - June 3: Purchased $14,500 of inventory from a manufacturer under terms of 1/10, n/eom and FOB shipping point - June 7 : Returned $2,700 of defective merchandise purchased june 3 - Paid freight bill of $750 on june 3 purchase - June 10: Sold inventory for $11,500 to a retail store , collecting $2,400. Paiement terms on the remainder were 2/15,n/30. The goods cost to Royal Fashion $6,900. - June 12: Paid amount owed on credit purchase of june 3 - June 16: Granted a sales allowance of $1,200 on the portion of the june 10 sale that was on account. - Received cash from june 10 customer in full settlement of the debt