Part IV (15 Marks) ZEBRA Company uses a periodic inventory system. The following transactions occurred during June 2021: June 2 Purchased merchandise from Red Company for $14,000 under credit terms 1/20, n/30, FOB factory. 5 Sold merchandise to Zodiac Company for $8,000 under credit terms of 2/10, n/30, FOB shipping point. 7 Paid $900 for freight charges for the purchase of June 2. 8 Merchandise purchased on June 2 was damaged so ZEBRA received an allowance of $1,100 from Red Company. 9 Zodiac Company returned $1,800 of merchandise they purchased on June 5. 18 Received full payment from Zodiac Company for their June purchase. 19 Paid Red Company the balance owing on the account. REQUIRED: Prepare the journal entries for the June transactions on the general journal form provided