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Ayayai's Warehouse distributes hardback books to retail stores and extends credit terms of $\frac{2}{10},\frac{n}{30}$ to all of its customers. During the month of June, the following merchandising transactions occurred.

June $1$ Purchased books on account for $$970$ from Catlin Publishers, terms $\frac{2}{10},\frac{n}{30}.$

$3$ Sold books on account to Garfunkle Bookstore for $$1,100.$ The cost of the books sold was $$710.$

$6$ 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 $$1,100.$ The cost of the merchandise sold was $$790.$

$20$ Purchased books on account for $$600$ from Priceless Book Publishers, terms $\frac{1}{15},\frac{n}{30}.$

$24$ Received payment in full from Bell Tower.

$26$ Paid Priceless Book Publishers in full.

$28$ Sold books on account to General Bookstore for $$1,230.$ The cost of the merchandise sold was $$730.$

$30$ Granted General Bookstore $$120$ credit for books returned costing $$80.$

Journalize the transactions for the month of June for Ayayai Warehouse using a perpetual inventory system. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the

Question $20$ of $21$

Date

Account Titles and Explanation

Debit

Credit

June $1$

Account Titles and Explanation

Debit

$$

$($

Question $20$ of $21$

$\frac{-}{10}$

June $15$

June $17A{A}^{}$

$($To record credit sale$)$

June $17$

$($To record cost of merchandise sold$)$

June $20$

Question $20$ of $21$

$\frac{-}{10}$

June $26$

June $28$

$($To record credit sale$)$

June $28$

$($To record cost of merchandise sold$)$

June $30$

$($To record mer

Ayayai's Warehouse distributes hardback books to retail stores and extends credit terms of $\frac{2}{10},\frac{n}{30}$ to all of its customers. During the month of June, the following merchandising transactions occurred.

June $1$ Purchased books on account for $$970$ from Catlin Publishers, terms $2/10,$ n$/30.$

$3$ Sold books on account to Garfunkle Bookstore for $$1,100.$ The cost of the books sold was $$710.$

$6$ 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 $$1,100.$ The cost of the merchandise sold was $$790.$

$20$ Purchased books on account for $$600$ from Priceless Book Publishers, terms $\frac{1}{15},\frac{n}{30}.$

$24$ Received payment in full from Bell Tower.

$26$ Paid Priceless Book Publishers in full.

$28$ Sold books on accouft to General Bookstore for $$1,230.$ The cost of the merchandise sold was $$730.$

$30$ Granted General Bookstore $$120$ credit for books returned costing $$80.$

Journalize the transactions for the month of June for Ayayai Warehouse using a perpetual inventory system. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem.$)$