x O (3) 90 Minute Skate Se t, Accounting Principles, Seventh Canadian Edition, Volume 1 At the beginning of June 2017, Flint Distributing Company's ledger showed Cash $17,000, une 1 Purchased $9,100 of merchandise inventory from Sun Supply Co, terms 1/15, n/30, FOB destination. $6,00, and D. Fint, Capital, $23,00 of June 2017, Flint Distributing Company's ledger showed Cash $17,000, andise Inventory $6,00D, and D. Flint, Capital, $23,000. During the month of June, the company had the folloning selected transactions: $6 2 The correct company paid $200 cash for freight charges on the June 1 purchase. 5 Sold merchandise inventory to Moose Jaw Retailers for $12,500. The cost of the merchandise was $7,700 and the terms were 2/10, nv/30, FoB destination. 6 Issued a $750 credit for merchandise returned by Moose Jaw Retailers. The merchandise originally cost $580 and was returned to inventory 6 The correct company paid $300 freight on the June 5 sale. 7 Purchased $780 of supplies for cash. 10 Purchased $3,750 of merchandise inventory from Fey Wholesalers, terms 2/10, nv30, FOB shipping point. 10 The correct company paid $140 freight costs on the purchase trom Fey Wholesalers. 14 Paid Sun Supply Co. the amount due. 15, Collected the balance owing from Moose Jaw Retailer 19 Sold merchandise for $7,500 cash. The cost of this merchandise was $4,700. 20 Paid Fey Wholesalers the balance owing from the Pune 10 pu 25 Made a $460 cash refund to a cash customer for merchamlise returned. The returned n 30 Sold merchandise to Bauer & Company for 4,400-terms n/30, FDE, shipping point. Flint's cost for this merchandise was $2,600. dise had a cost of $330. The merchandise was damaged and could not be resold. Record the transactions assuming Fnt uses a perpetuas Ientoiy vtem, (Credit account titles are automatically indented when the amount is entered Do not indent manually, if no entry is required, select "No Entry" for t for the anmounts. Record journal entries in the onder pretctede prodem.) Dell tp