The following transactions occurred during June 2018 for Angelo's Garden Center, Inc.: i (Click the icon to view the transactions.) Requirement 1. Journalize the June transactions for Angelo's Garden Center, Inc., assuming the net method is used. No explanations are required. (Record debits first, then credits. Exclude explanations from any journal entries.) Jun 3: Purchased $3,900 of goods on account. Terms, 3/10, n/30, FOB shipping point. More Info Journal Entry Date Accounts Debit Credit Jun 3 Jun 3 Purchased $3,900 of goods on account. Terms, 3/10, n/30, FOB shipping point. 6 Returned $300 of defective merchandise purchased on June 3. 8 Paid freight charges of $110 for delivery of goods purchased on June 3. 11 Sold $2,300 of inventory to a customer on account. Terms, 5/15, n/45, FOB shipping point. The cost of the goods was $1,000. 12 Paid amount owed on the June 3 purchase. 18 Granted a $700 sales allowance on the June 11 sale because the goods were damaged. 25 Received payment in full from customer for the June 11 sale. Jun 6: Returned $300 of defective merchandise purchased on June 3. Journal Entry Date Accounts Debit Credit Print Done Jun 6 Jun 8: Paid freight charges of $110 for delivery of goods purchased on June 3. Journal Entry Date Accounts Debit Credit Jun 8 Jun 11: Sold $2,300 of inventory to a customer on account. Terms, 5/15, n/45, FOB shipping point. The cost of the goods was $1,000. Journalize the sale of inventory on account. (Do not yet record the cost related to the sale. We will do this in the next journal entry.) Journal Entry Date Accounts Debit Credit Jun 11 Now journalize the cost of goods sold on June 11th. Journal Entry Date Accounts Debit Credit Jun 11 Jun 12: Paid amount owed on the June 3 purchase. Journal Entry Date Accounts Debit Credit Jun 12 Jun 18: Granted a $700 sales allowance on the June 11 sale because the goods were damaged. Journal Entry Date Accounts Debit Credit Jun 18 Jun 25: Received payment in full from customer for the June 11 sale. Journal Entry Date Accounts Debit Credit Jun 25