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Question 6 of 10 6 View Policies Current Attempt in Progress Avaval Warehouse distributer hardback books to retail stores and extends credit to all of its customers. During the month of June, the following merchandising transactiom occurred June 1 Purchased bookt on account for $2.575 from Catlin Publishers 3 Sold books on account to Garfunkel Bookstore for $1.150 The cost of the merchandise sold was 5 900 Received 75 credit for books returned to Catlin Publishers 9 Pald Catlin Publishers in tott 15 Received payment in full from Garfunkel Bookstore 5old books on account to Bell Tower for $ 1,150. The cost of the merchandise sold was $ 750, 20 Purchased books on account for $ 900 from Priceless Book Publishers. 24 Received payment in full from Bel Tower, 26 Paid Priceless Book Publishers in full, Sold books on account to General Bookstore for $1,900. The cost of the merchandise sold was $970 17 28 30 Granted General Bookstore $ 130 credit for books returned costing $ 90 i Prepare a tabular summary to record the transactions for the month of June for Ayayai Warehouse using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets Liabil Cash Accts. Rec. Inv. Accts June 1 VA $ $ 3 6 9 15 17 20 24 26 28 MacBook Pro Common Stock Rev. Exp. $ + e Textbook and Media

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