Radical Lights Ltd has the following merchandise transactions in June 2020 : June 2 Purchased $3,000 of merchandise from Funky Co, terms 2/10,n/30, FOB shipping point. Shipping charges of $60 were paid in cash. June 9 Paid Funky Co the balance owing. June 12 Sold $850 worth of the merchandise to Hat Ltd for $1,700 terms 2/10, n/30. June 14 Hat Ltd complained that some of the merchandise was damaged. Hat Ltd returned $150 worth of goods. The cost of goods sold for these goods was $75. June 24 Received the full balance owing from Hat Ltd. Required: Prepare the necessary general journal entries under the perpetual metho for Radical Lights Ltd