(To tecent cast of merchandse sold) To recerd wle of books on accouni) (To recard cost of books sold) c Q 0 0 (To recoed credit granted to General Bookstore for returesd goods) (To record cost of bonks returned) Pharoah Warehouse distributes hurdback books to retail stores and extends credit terms of 2/10,n/30 to ail of its customers. Dur ing the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2,490 (including freight) from Catlin Publishers, terms 2/10,n/30 3 Sold books on account to Garfunicel Bookstore for $1.300. The cost of the merchandise sold was $900. 6 Received $90 credit for books returned to Catlin Publishers. 9 Paid Cattin Publishers in fult: 15 Recelved payment in fuli from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,400. The cost of the merchandise sold was $800. 20 Purchased books on account for $800 from Priceless Book Publishers, terms 2/15,n/30. 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full 28 Sold books on account to General Bookstore for $2,650. The cost of the inerchandise sold was $850. 30 Granted General Bookstore $260 credit for books returned costing $90. Journalize the transactions for the month of June for Pharoah Warehouse, using a perpetual inventory system. (II ne entry is required, select "No Entry" for the account tities 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.) (Towcont aif of houke eal wecesed) To tecent cost of merchandes solds To receed wale of books on accoant) (To recard cost of books sold) o o c