On June 3, 2025, Pharoah Company sold to Ann Mount merchandise having a sales price of $8,500 (cost $6,800) with terms of n/60, fo.b. shipping point. Pharoah estimates that merchandise with a sales value of $850 will be returned. An invoice totaling $90 was received by Mount on June 8 from Olympic Transport Service for the freight cost. Upon receipt of the goods, on June 8, Mount returned to Pharoah $300 of merchandise containing flaws. Pharoah estimates the returned items are expected to be resold at a profit. The freight on the returned merchandise was $24, paid by Pharoah on June 8 . On July 16 , the company received A check for the balance due for mount.

Prepare journal entries for pharoah company to record all the events in June and July.