Question 8 of 10 < < /3 E B Oriole Warehouse distributes hardback books to retail stores and extends credit terms of 4/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $2,840 (including freight) from Catlin Publishers, terms 4/10, 1/30. 3 Sold books on account to Garfunkel Bookstore for $800. The cost of the merchandise sold was $700. 6 Received $40 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 $1,050. The cost of the merchandise sold was $750. Purchased books on account for $700 from Priceless Book Publishers, terms 2/15, n/30. 20 24 Received payment in full from Bell Tower, A22 Paid Priceless Book Publishers in full Sold books on account to General Bookstore for $2.600. The cost of the merchandise sold was $750. 26 28 30 Granted General Bookstore $260 credit for books returned costing $65