Business, 15.02.2021 20:20 hhhhhh8897

Crane Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1,280 (including freight) from Catlin Publishers, terms 2/10, n/30.
3. Sold books on account to Garfunkel Bookstore for $1,400. The cost of the merchandise sold was $800.
6. Received $80 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full.
15. Received payment in full from Garfunkel Bookstore.
17. Sold books on account to Bell Tower for $1,100, terms of 2/10, n/30. The cost of the merchandise sold was $950.
20. Purchased books on account for $800 from Priceless Book Publishers, terms 1/15, n/30.
24. Received payment in full, less discount from Bell Tower.
26. Paid Priceless Book Publishers in full.
28. Sold books on account to General Bookstore for $1,550. The cost of the merchandise sold was $800.
30. Granted General Bookstore $200 credit for books returned costing $70.

Required:
Journalize the transactions for the month of June for Powell Warehouse, using a perpetual inventory system

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