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Journalize the transactions for the month of June for Monty Warchouse using a perpetual inventory system. (Credit account tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter Ofor the amounts. Record journal entries in the order presented in the problem. Round answers to 2 decimal places, es. 125.53.) (To record cost of merchandise sold) Inventory Accounts Payable June 24 Cash Sales Discounts Accounts Receivable June 26 Accounts Payable Sales Discounts Cash Accounts Receivable Sales Revenue (To record credit sale) June 28 Cost of Goods Sold Inventory (To record cost of merchandise sold) June 30 Sales Returns and Allowances 120 Monty's 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 $970 (including freight) from Catlin Publishers, terms 2/10,n/30. 3 Sold books on account to Garfunkle Bookstore for $1,260. The cost of the books sold was $660. 6 Received $70 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full. 15 Received payment in full from Garfunkle Bookstore. 17 Sold books on account to Bell Tower for $1,200. The cost of the merchandise sold was $710. 20 Purchased books on account for $690 from Priceless Book Publishers, terms 1/15,n/30. 24 Recelved payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $1,220. The cost of the merchandise sold was $700. 30 Granted General Bookstore $120 credit for books returned costing $80. Accounts Payable Inventory June 9v Accounts Payable 900 Purchase Discounts Cash 882 June 15 Cash 1260 Accounts Receivable June 17 Accounts Receivable 1200 Sales Revenue (To record credit sale) June 17. Cost of Goods Sold 710 Inventory (To record cost of merchandise sold) June 20 imentory 690 Accounts Pryable