Current Attempt in Progress Craneis Hook Warehonse distributes hardback books fo retail stores and extends credit terms of 1/10,n/30 to all of its cintonen During the month of June, the followine merchandising transactions occurred. June 1 Purchased books on account for $1,400 trom Binsfeld Publishers, terms 2/20,n30. 3 Sold books on accoent to Restine Hainbow for $2400 The cost of the books sold was $1.600 6 Reculved 51 wo credit for books returned to Einateld Publisherx. 9. Paddinsteld Publishersinfull. 15 Received pryment in fult from Read ne Rainbow. 20 Purchased books on account for $1,700 from McGinn Pubtishers, terms 1/15,/30 24 Rectived parment in full from Rabo Books 26 Pald Mccina Rublishersinfult. 28 Sold books onaccount to Baeten Bookstore for $1,300. The cost of the merchandise sold was $970. 30 Granied Baeten Bookstore $160 credit for books returned costing $98. Journalize the trancactions for the manth of June for Craneis Elook Warchouse using a perpetual inwentory system. Aht all debit entries sedect "No Dntry" for the oorrunt titier and enter O for the amounty