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journalize the transaction for the month of june for oriole warehouse, using a perpetual inventory system Oriole Warehouse distributes hardback books to retail stores and

journalize the transaction for the month of june for oriole warehouse, using a perpetual inventory system image text in transcribed
Oriole Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. During t month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,165 (including freight) from Catlin Publishers, terms 2/10,n/30. 3 Sold books on account to Garfunkel Bookstore for $1,200. The cost of the merchandise sold was $750. 6 Received $65 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full, 15 Received payment in full from Gartunkel Bookstore. 17 Sold books on account to Bell Tower for $2,000, terms of 2/10,n/30. The cost of the merchandise sold was $900 20 Purchased books on account for $900 from Priceless Book Publishers, terms 2/15,n/30. 24 Received payment in full, less discount from Bell Tower. 26 Paid Priceless Book Publishers in full. 28. Sold books on account to General Bookstore for $1.300. The cost of the merchandise sold was $910. 30 Granted General Bookstore $270 credit for books returned costing $85. Journalize the transactions for the month of June for Oriole Warehouse, using a perpetual inventory system (if no entry is required, select " No Entry" for the occount tities and enter O for the amounts Credit account tider are outomaticolly indented when amount is entered. Do not indent manually Record journal entries in the order presented in the probiem.)

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