Sheridan 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 3 6 9 15 17 Purchased books on account for $1,690 (including freight) from Catlin Publishers, terms 2/10/30 Sold books on account to Garfunkel Bookstore for $1,400. The cost of the merchandise sold was $950. Received $90 credit for books retumed to Catlin Publishers. Paid Catlin Publishers in full. Received payment in full from Garfunkel Bookstore. Sold books on account to Bell Tower for $1.700. The cost of the merchandise sold was $800. Purchased books on account for $800 frorn Priceless Book Publishers, terms 1/15, 1/30. Received payment in fullfron Bell Tower. Pald Priceless Book Publishers in full Sold books on account to General Bookstore for $2,550. The cost of the merchandise sold was $830. Granted General Bookstore $110 credit for books retumed costing $60. 20 24 26 28 30 Journalize the transactions for the month of June for Sheridan Warehouse, using a perpetual inventory system an entry required, select "No Entry for the account tities and enter for the amounts Credit aamunt tittare automatically indented when amount is entered Do not indent manually. Recordjoumal entries in the order presented in the problem) Question 5 of 5 -17 Date Account Titles and Explanation Debit Credit June 1 trwatory Accounts Pays Accounts Receive Site Revenue (To record sale of books on account) Bu Cost od Sold To record cost of books sold) no Account Pays non Across drets Question 5 of 5