Journalize, without explanations, the following transactions of Royal Fashion Distributors, a wholesaler that uses the perpetual inventory system, during the month of June 2020 : Jun. 3 Purchased $14,500 of inventory from a manufacturer under terms of 1/10, n/eom and FOB shipping point. 7 Returned $2,700 of defective merchandise purchased on June 3. 9 Paid freight bill of $750 on June 3 purchase. 10 Sold inventory for $11,500 to a retail store, collecting cash of $2,400. Payment terms on the remainder were 2/15,n/30. The goods cost Royal Fashion Distributors $6,900 12 Paid amount owed on credit purchase of June 3. 16 Granted a sales allowance of $1,200 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 3. Purchased $14,500 of inventory from a manufacturer under terms of 1/10, n/eom and FOB shipping point. (Record debits first, then credits. Exclude explanations from journal entries. Round all answers to the nearest whole dollar.) June 7. Returned $2,700 of defective merchandise purchased on June 3. June 9. Paid freight bill of $750 on June 3 purchase. Now, record the cost of goods sold on June 10th. June 12. Paid amount owed on credit purchase of June 3