Part 1 of 2 Required information Problem 6-3B Record transactions and prepare a partial income statement using a perpetual inventory system (LO6-2, 6-5) (The following information applies to the questions displayed below. 1.11 points At the beginning of June, Circuit Country has a balance in inventory of $2,650. The following transactions occur during the month of June. (8 02:10:53 eBook June 2 Purchase radios on account from Radio World for $2,350, terms 2/15, n/45. June 4 Pay cash for freight charges related to the June 2 purchase from Radio World, $330. June 8 Return detective radios to Radio World and receive credit, $300. June 10 Pay Radio World in full. June 11 Sell radios to customers on account, $4,300, that had a cost of $2,850. June 18 Receive payment on account from customers, $3,300. June 20 Purchase radios on account from Sound Unlimited for $3,450, terms 2/10, n/30. June 23 Sell radios to customers for cash, $4,950, that had a cost of $3,250. June 26 Return damaged radios to Sound Unlimited and receive credit of $400. June 28 Pay Sound Unlimited in full. Print References Problem 6-3B Part 1 Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record purchase of radios on account from Radio World for $2,350, terms 2/15, n/45. Note: Enter debits before credits. General Journal Debit Credit Date June 02 Record entry Clear entry View general journal Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record payment to Radio World in full. Note: Enter debits before credits. Date General Journal Debit Credit June 10 Record entry Clear entry View general journal Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Sell radios to customers for cash, $4,950, that had a cost of $3,250. Record the sale of inventory for cash. Note: Enter debits before credits. General Journal Debit Credit Date June 23 Record entry Clear entry View general journal