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Sunland Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. Durin the month of June, the

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Sunland Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. Durin the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,545 (including freight) from Catlin Publishers, terms 2/10,n/30. 3 Sold books on account to Garfunkel Bookstore for $800. The cost of the merchandise sold was $700. 6 Received $45 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full. 15 Received payment in full from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,550, terms of 2/10,n/30. The cost of the merchandise sold was $800. 20 Purchased books on account for $800 from Priceless Book Publishers, terms 1/15,n/30. 24 Recelved payment in full, less discount from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $1,550. The cost of the merchandise sold was $810 30 Granted General Bookstore $170 credit for books returned costing $30. Journalize the transactions for the month of June for Sunland Warehouse, using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Journalize the transactions for the month of June for Sunland Warehouse, using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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