Question 1 View Policies Current Attempt in Progress Pharoah Warehouse distributes hardback books to retail stores and extends credit terms of 2/10.1030 to all of its customers. During the month of June, the following merchandising transactions occurred June 1 Purchased books on account for $2.490 (including freight from Catlin Publishers, terms 2/10, 1/30. 3 Sold books on account to Garfunkel Bookstore for $1.300. The cost of the merchandise sold was $900 6 Received $90 credit for books returned to Catlin Publishers. 9 Paid Catlin Publishers in full 15 Received payment in full from Garfunkel Bookstore 17 Sold books on account to Bell Tower for 51,400. The cost of the merchandise sold was $100 20 Purchased books on account for 5800 from Priceless Book Publishers, terms 2/15.30 24 Received payment in from Bell Tower 26 Pold Priceless Book Publishers intull 20 Sold books on account to General Bookstore for $2.650. The cost of the merchandise sold was so 30 Granted General Bookstore $260 credit for books returned costing $90 Jumal the transactions for the month of June for Pharoah Warehousing a perpetual inventoryterenys delect "No Entry for the accounties and enter for the amounts Creditoccounts are automatically Indented when amounts entered. Do not indent manually. Record journal entries in the order presented in the problem CONCURSULUTUS pr Date Account Titles and Explanation Debit Credit (To record sale of books on account) v (To record cost of books sold) (To record sale of books on account) ASSE (To record sale of books on account) (To record cost of merchandise sold) (To record sale of books on account) (To record cost of books sold) (To record credit granted to General Bookstore for returned goods) (To record sale of books on account) (To record cost of books sold) (To record credit granted to General Bookstore for returned goods) (To record cost of books returned)