Answer Happy

Oriole's Book 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 3 6 9 Purchased books on account for $1,500 from Binsfeld Publishers, terms 2/10,n/30. Sold books on account to Reading Rainbow for $2,500. The cost of the books sold was $1,700. Received $150 credit for books returned to Binsfeld Publishers. Paid Binsfeld Publishers in full. Received payment in full from Reading Rainbow Sold books on account to Rapp Books for $2,200. The cost of the merchandise sold was $1,380. Purchased books on account for $2,200 from McGinn Publishers, terms 2/15,r/20. Received payment in fullfrom Rapp Books. 15 17 20 24 26 Paid McGinn Publishers in full. Sold books on account to Baeten Bookstore for $1,400. The cost of the merchandise sold was $970. 28 30 Granted Baeten Bookstore $130 credit for books returned casting $78.
Journalize the transactions for the month of June for Oriole's Book Warehouse using a perpetual inventory system (List all debit entries before credit entries. 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 for the amounts.) Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) < (To record credit sale) (To record cost of merchandise sold) <
(To record credit sale) (To record cost of merchandise sold) (To record credit sale) (To record cost of merchandise sold) | (To record merchandise returned) ne 1 nea ne 6 ne 9 (To record cost of merchandise returned) ne 15 ne 17 ok and Media une 20 ne 24 ccounts ine 26 ter Attempts: 0 of 2 used Submit Answer une 28 ine 30 ple attempts will impact your score. eduction after attempt 1