Purchased books on account for $2.355 (including freight) from Catlin Publishers, terms 4/10, n/30. Sold books on account to Garfunkel Bookstore for $1,200. The cost of the merchandise sold was $700. Blossom Warehouse distributes hardback books to retail stores and extends credit terms of 4/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred June 1 3 6 Received $55 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full 15 Received payment in full from Garfunkel Bookstore 17 Sold books on account to Bell Tower for $1,400, terms of 4/10 n/30. The cost of the merchandise sold was $900 20 Purchased books on account for $900 from Priceless Book Publishers, terms 2/15/30 24 Received payment in full, less discount from Bell Tower 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $2.100. The cost of the merchandise sold was $950 30 Granted General Bookstore $120 credit for books returned costing $90