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The following June transactions relate to KitchenApps Inc. June 6: Purchase of inventory with...

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Accounting

The following June transactions relate to KitchenApps Inc.
June 6: Purchase of inventory with a list price of $42,000, a trade discount of 20%(which buyers get with certainty), and with terms 210,n30.
June 8: Returned $3,000 of inventory (damaged in shipment) to the supplier (the $3,000 is the value after the trade discount).
June 13: Paid $14,700( $15,000 of inventory less a purchase discount of 2%, or $900) on account.
June 30: Paid the remaining account balance.
Required
Prepare journal entries prior to a physical inventory for these transactions assuming the company uses the periodic inventory system and the gross method for recording purchase discounts.
\table[[Date,Account,Dr.,Cr.],[June 6,,,],[,,],[To record purchase of inventory.,,],[June 8,,,],[,,],[To record inventory return,,],[June 13,,,],[,,],[,,],[To record payment within discount period,,],[June 30,,,],[,,],[To record payment after discount period,,]]
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