4-6) Saved Help Requirea information Problem 6-3A 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 July. CD City has a balance in inventory of $3,300. The following transactions occur during the month of July July 3 Purchase CDs on account from Wholesale Music for $2,200, terms 1/10, n/38. July 4 Pay cash for freight charges related to the July ) purchase from Wholesale Music, $120. July 9 Return incorrectly ordered CDs to Wholesale Music and receive credit, szee. July 11 Pay Wholesale Music in full July 12 Sell CDs to customers on account, $5,6ee, that had a cost of $2,900. July 15 Receive full payment from customers related to the sale on July 12. July 18 Purchase CDs on account from Music Supply for $3,000, terms 1/10, n/30. July 22 Sell CDs to customers for cash, $4,100, that had a cost of $2,4ee. July 28 Return CDs to Music Supply and receive credit of $28e. July 38 Pay Music Supply in full. Problem 6-3A Part 1 Required: 1. Assuming that CD City uses a perpetual inventory system, record select "No Journal Entry Required in the first account field.) (If no entry is required for a transaction/event, View transaction list Journal entry worksheet 3 4 5 6 7 8 ..... 12 > Record purchase of CDs on account from Wholesale Music for $2,200, terms 1/10, n/30. Note: Enter debits before credits