Riverbed Book Warehouse Ltd. distributes hardcover books to retail stores. At the end of May, Riverbed's inventory consists of 230 books purchased at $18 each. Riverbed uses a perpetual inventory system. Return rates in the book industry are high, with Riverbed experiencing a 15% return rate historically. During the month of June, the following merchandise transactions occurred: June 1 3 5 8 9 Purchased 190 books on account for $16 each from Reader's World Publishers, terms n/45. Sold 240 books on account to The Book Nook for $25 each with an assumed average cost of $17, terms n/45. Received a $160 credit for 10 books returned to Reader's World Publishers. Sold 73 books on account to Read-A-Lot Bookstore for $23 each with an assumed average cost of $17, terms n/45. Issued a $276 credit memorandum to Read-A-Lot Bookstore for the return of 12 damaged books. The books were determined to be no longer saleable and were destroyed. Purchased 130 books on account for $15 each from Read More Publishers, terms n/45. Received payment in full from The Book Nook. Received payment in full from Read-A-Lot Bookstore. Sold 125 books on account to Reader's Bookstore for $25 each with an assumed average cost of $17, terms n/45. Granted Reader's Bookstore a $400 credit for 16 returned books. These books were restored to inventory. 11 12 17 22 25 29 Paid Reader's World Publishers in full. Record the June transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round your answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit June 1 June 3 (To record sales) June 5 (To record cost of goods sold) June 8 June 9 (To record sales) June 11 (To record cost of goods sold) USUF June 12 June 17 June 22 June 25 June 29 (To record sales) To record cost of goods sold) (To record sales returns) To record sales returns) (To record cost of goods returned)