De Bik Problem 6-38 Record transactions and prepare a pa system (LO6-2,6-5) rtial income statementu sing aperpetualinventory Ch IThe following information applies to the questions displeyed below Ed Mc At the beginning of June, Circuit Country has a balance in inventory of $2.,950. The following transactions occur during the monthof June June 2 Purchase radios on account from Radio World for $2.650, terms 2/15, n/45 June 4 Pay cosh for freight charges related to the June 2 purchase from Radio World. $390 June 8 Return defective radios to Radio World and receve credit, $200 June 10 Pay Radio World in full June 11 Sell radios to customers on account, $4900, that had cost of S3150 June 18 Receive payment on account from customers, $3,900 June 20 Purchase radios on account from Sound Unlimited for $3,750, terms 210, n/s0 June 23 Sell radios to customers for cash, $5,250, that had a cost of $3,550 June 26 Return damaged radios to Sound Unlimited and receive credit of $400 June 28 Pay Sound Unlimited in ful Fin 3June Accounts payable 200 Inventory 200 ccounting an help ri June 10 Accounts payable 2,450 45 Cash De 2,405 June 11 Accounts receivable 4.900 Sales revenue Ch NA. 4,900 June 11 Cost of goods sold 3,150 Ed Inventory 3,150 June 18 Cash 3,900 Fin Accounts receivable 3,900 June 20 Inventory 3,750 Accounts payable 3750 June 23 Cash 5 250 Sales revenue 5.250 June 23 Cost of goods sold ,550 Inventory 3,550 June 26 400 Accounts payable Innventory June 28 Accounts payabile Cash Inventory value 5.00 points Required info aCh Ed Mc Problem 6-3B Part 2 2. Prepare the top section of the mutiple-step income statement through gross proft for the month of June Fin CIRCUIT COUNTRY Multiple-step Income Statement (partial) For the month of June