Required information The following information applies to the questions displayed below.] At the beginning of June, Circuit Country has a balance in inventory of $3,000. The following transactions occur during the month of June. June 2 Purchase radios on account from Radio World for $2,700, terms 1/15, n/45. June 4 Pay cash for freight charges related to the June 2 purchase from Radio World, $400. June 8 Return defective radios to Radio World and receive credit, $400. June 10 Pay Radio World in full. June 11 Sell radios to customers on account, $5,000, that had a cost of $3,200. June 18 Receive payment on account from customers, $4,000. June 20 Purchase radios on account from Sound Unlimited for $3,800, terms 3/10, n/30. June 23 Sell radios to customers for cash, $5,300, that had a cost of $3,600. June 26 Return damaged radios to Sound Unlimited and receive credit of $500. June 28 Pay Sound Unlimited in full. Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 ..... 12 Record purchase of radios on account from Radio World for $2,700, terms 1/15, n/45. Note: Enter debits before credits. General Journal Debit Credit Date June 02