Part IV (15 Marks) XYZ Company uses a periodic inventory system. The following transactions occurred during June 2020: June 2 Purchased merchandise from Green Company for $13,000 under credit terms 1/20, n/30, FOB factory. Sold merchandise to Star Company for $7,000 under credit terms of 2/10, n/30, FOB shipping point. 5 7 Paid $600 for freight charges for the purchase of June 2. 8 Merchandise purchased on June 2 was damaged so XYZ received an allowance of $1,200 from Green Company. 9 Star Company returned $1,800 of merchandise they purchased on June 5. 18 Received full payment from Star Company for their June purchase. 19 Paid Green Company the balance owing on the account. REQUIRED Prepare the journal entries for the June transactions on the general journal form provided