Question 1 of 7 3 6 View Policies Current Attempt in Progress Powell's Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, 1/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,040 from Catlin Publishers. terms 2/10, 1/30 Sold books on account to Garfunkle Bookstore for $1,200. The cost of the books sold was $ 720 Received $ 40 credit for books returned to Catlin Publishers. Paid Catlin Publishers In tull. Received payment in full from Garfunkle Bookstore Sold books on account to Bell Tower for $ 1.200. The cost of the merchandise sold was $ 730, Purchased books on account for $ 800 from Priceless Book Publishers. terms 1/15, 1/30 Received payment in full from Bell Tower. Paid Priceless Book Publishers in full. Sold books on account to General Bookstore for $1.200. The cost of the merchandise sold was $ 780 Granted General Bookstore $ 130 credit for books returned costine S 50 9 15 17 20 24 26 28 30 Journalize the transactions for the month of June for Powell Warehouse using a perpetual inventory system. (Cicconies automatically indented when amount is entered. Do not indent manually. If no entry is required select "No Entry for the counter O for the amounts Record journal entries in the order presented in the problem.) Credit Debat sument playetinde -/1 Question 1 of 7 Soumalize the transactions for the month of June for Powell Warehouse using a perpetual mentory system (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account title and enter for the amounts. Record journal entries in the order presented in the problem Date Account Titles and Explanation Debit Credit (To record credit sale (To record cost of merchandise sold) * 3 76F Sunny Zed 603-30 question Question 1 of 7 > -11 (To record credit sale (To record cost of merchandise sold) 0 I * 76F Sunny Question 1 of 7 > -/1 have (To record credit sale | To record cost of merchandises (to record merchandise returned)