Transactions:

June $1$: Purchased $40$ tablets for $$300$ each plus freight charges. Received a bill from SR Corp. for $$12,200,$ including $$12,000$ purchase price plus $$200$ freight $($shipping charges$),$ term $\frac{n}{30}.$ Prior to paying for the tablets, Soni Electronics Co$.$ returned $3$ tablets that were slightly damaged $($ $$300$ per tablet $*3$ tablets $=$$$900$ return$).$ Record the NET impact of these transactions in one journal entry.

June $4$: Sold $10$ tablets to Andrew Consulting Co$.$ for $$5,000$ on account $($terms $\frac{2}{10},\frac{n}{30}).$ The tablets cost Soni $$3,040.$

June $6$: Accepted a return of $1$ tablet from Andrew Consulting Co$.$ The tablet was the wrong model but otherwise in good condition. The laptop cost Soni Electronics Co$.$ $$304$ and was sold for $$500.$

June $13$: Received payment in full from Andrew Consulting Co$.($Hint: calculate the customer balance from June $4$ and June $6$ transactions and consider the discount terms.$)$

June $15$: Sold $10$ televisions to Salt & Light Sports Bar for $$8,000$ on account $($terms $\frac{2}{10},\frac{n}{30}).$ The televisions cost Soni $$5,000.$

June $18$: Allowed Salt & Light Sports Bar to keep one slightly defective television and granted Salt & Light's a sales allowance for $$300.$

June $27$: Paid the amount due to SR Corp. $($from June $1$ transaction above$).$

June $28$: Received payment in full from Salt & Light Sports Bar $($Hint: calculate the customer balance from June $15$ and June $18$ transactions and consider the discount terms.$)$

Part $1.$ Journal Entries