Novak Book Warehouse Ltd. distributes hardcover books to retail stores. At the end of May, Novak's inventory consists of 270 books purchased at $18 each. Return rates in the book industry are high, with Novak experiencing a 15% returnrate historically. During the month of June, the following merchandise transactions occurred: Purchased 180 books on account for $16 each from Reader's World Publishers, terms n/45. June 1 3 5 Sold 200 books on account to The Book Nook for $25 each, with an average cost of $17, terms n/45. Received a $144 credit for 9 books returned to Reader's World Publishers. 8 9 11 12 17 22 25 29 Sold 79 books on account to Read-A-Lot Bookstore for $27 each, with an average cost of $17, terms n/45. Issued a $351 credit memorandum to Read-A-Lot Bookstore for the return of 13 damaged books. The books were determined to be no longer saleable and were destroyed. Purchased 130 books on account for $14 each from Read More Publishers, terms n/45. Received payment in full from The Book Nook. Received payment in full from Read-A-Lot Bookstore. Sold 125 books on account to Reader's Bookstore for $27 each, with an average cost of $17, terms n/45. Granted Reader's Bookstore a $378 credit for 14 returned books. These books were restored to inventory. Paid Reader's World Publishers in full. (a) Record the June transactions on Novak Book Warehouse's books, assuming it uses a periodic inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 125.)