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Check my work of 2 Required information Problem 6-3B Record transactions and prepare a partial income statement using a perpetual inventory system (LO6-2, 6-5) [The
Check my work of 2 Required information Problem 6-3B Record transactions and prepare a partial income statement using a perpetual inventory system (LO6-2, 6-5) [The following information applies to the questions displayed below) At the beginning of June. Circuit Country has a balance in inventory of $2,450. The following transactions occur during the month of June. Book Print rences June 2 Purchase radios on account from Radio World for $2,150, terms 2/15, n/45. June 4 Pay cash for freight charges related to the June 2 purchase from Radio World, $290. June 8 Return defective radios to Radio World and receive credit, $300. June 10 Pay Radio World in full. June 11 Sell radios to customers on account, $3,980, that had a cost of $2,650. June 18 Receive payment on account from customers, $2,900. June 20 Purchase radios on account fron Sound Unlimited for $3,258, terms 2/18, 1/30. June 23 Sell radios to customers for cash, $4,750, that had a cost of $3,058. June 26 Return damaged radios to Sound Unlimited and receive credit of $380. June 28 Pay Sound Unlimited in full. Problem 6-3B Part 1 Required: 1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for a Eransaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Record payment of cash for freight charges related to the June 2 purchase from Radio World, $290. Note: Enter debits before credits. Date General Journal Debit Credit June 04 Record entry Clear entry View general Journal 5 Help Required information Journal entry worksheet 1 N 4 5 6 7 8 12 > Record return of defective radios to Radio World and receive credit, $300. Note: Enter debits before credits Date General Journal Debit Credit June 08 Record entry Clear entry View general Journal Seved Help 00 Required information Journal entry worksheet Part 1 of 2 Record return of damaged radios to Sound Unlimited and receive credit of $300. Note: Enter debits before credits. Date General Journal Debit Credit June 26 Record entry Clear entry View general journal Help Save & CI Required information Journal entry worksheet
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