Clement Chaussures, uses the periodic inventory system for their selection of winter sports footwear. On June 1, Clement purchased 50 pairs of ski boots for $4,250 ($85 per pair) and paid $150 for transportation costs. Also, on June 1st, Clement purchased 100 pairs of hiking boots for $15,000; however, the seller paid the transportation costs of $300. The hiking boots were purchased on credit with credit terms of 2/10, n/30. Clement paid for one-half ($7,500) on June 10th, within the discount period. However, after inspecting the merchandise found that $1,500 of the hiking boots were defective! Clement returned them on June 25th. The remaining stock of hiking boots (cost of $6,000) was paid on June 30th. Clement Chaussure General Journal GENERAL DATE ACCOUNT TITLE DEBIT CREDIT June 1 20xx Purchase Cash (hint: purchased inventory for cash) June 1 Transportation Cash (hint: recorded payment of freight cost) June 1 Purcahses Accounts Payable (hint: purchased inventory on credit) June 10 Accounts Payable Cash Purchase Discounts ($15000 *2%) (hint: payment recorded within the discounted period) June 25 Accounts Payable (10 prs *$150/pr) Purchase Returns