Instructions Complete the worksheet by extending amounts reported in the adjusted trial balance columns to the appropriate columns in the worksheet. The company uses the periodic inventory system. Problems PS.1A (LO 2, 3), AP Powell'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 trans- actions occurred. June 1 3 6 9 15 17 20 228388 Purchased books on account for $1,040 from Catlin Publishers, terms 2/10, n/30. Sold books on account to Garfunkle Bookstore for $1,200. The cost of the books sold was $720. Received $40 credit for books returned to Catlin Publishers. Paid Catlin Publishers in full. Received payment in full from Garfunkle Bookstore. Sold books on account to Bell Tower for $1,200. The cost of the merchandise sold was $730, Purchased books on account for $800 from Priceless Book Publishers, terms 1/15, n/30. Received payment in full from Bell Tower. Debi 24 26 Paid Priceless Book Publishers in full. 30 90 structions Cash Sold books on account to General Bookstore for $1,300. The cost of the merchandise sold was $780. Granted General Bookstore $130 credit for books returned costing $80. Journa transa Inveni rnalize the transactions for the month of June for Powell's Warehouse using a perpetual inventory