Sunland's Book Warehouse distributes hardback books to retail stores and extends credit terms of 1/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,700 from Binsfeld Publishers, terms 2/10, n/30. 3 Sold books on account to Reading Rainbow for $2,200. The cost of the books sold was $1,500. 6 Received $200 credit for books returned to Binsfeld Publishers. 9 Paid Binsfeld Publishers in full. 15 Received payment in full from Reading Rainbow. 17 Sold books on account to Rapp Books for $2,400. The cost of the merchandise sold was $1,440. 20 Purchased books on account for $2,400 from McGinn Publishers, terms 1/15, n/30. 24 Received payment in full from Rapp Books. 26 28 30 30 Paid McGinn Publishers in full. Sold books on account to Baeten Bookstore for $1,300. The cost of the merchandise sold was $970. Granted Baeten Bookstore $110 credit for books returned costing $66. Journalize the transactions for the month of June for Sunland's Book Warehouse using a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit June 1 Inventory Accounts Payable June 3 Accounts Receivable Sales Revenue (To record credit sale) June 3 Cost of Goods Sold June 6 Inventory (To record cost of merchandise sold) Accounts Payable Inventory June 9 Accounts Payable Inventory Cash 1700 2200 1500 200 2400 Credit 1700 2200 1500 200 June 15 Cash June 17 Accounts Receivable Accounts Receivable Sales Revenue (To record credit sale) June 17 Cost of Goods Sold June 20 Inventory (To record cost of merchandise sold) Inventory Accounts Payable June 24 Cash June 26 Sales Discounts Accounts Receivable Accounts Payable Inventory 2200 1700 2200 1700 June 26 June 28 June 28 June 30 Accounts Receivable Accounts Payable Inventory Cash Accounts Receivable Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) Sales Returns and Allowances June 30 Accounts Receivable (To record merchandise returned) Inventory Cost of Goods Sold (To record cost of merchandise returned) June 26 June 28 June 28 June 30 Accounts Receivable Accounts Payable Inventory Cash Accounts Receivable Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) Sales Returns and Allowances June 30 Accounts Receivable (To record merchandise returned) Inventory Cost of Goods Sold (To record cost of merchandise returned)