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Current Attempt in Progress Blue Spruce Warehouse distributes hardback books to retail stores and extends credit to all of its customers

Accounting

Current Attempt in Progress Blue Spruce Warehouse distributes hardback books to retail stores and extends credit to all of its customers. During the month of June, the following merchandising transactions occurred. June 1Purchased books on account for $2,265 from Catlin Publishers. 3 Sold books on account to Garfunkel Bookstore for $1,000. The cost of the merchandise sold was $ 800. Received $ 65 credit for books returned to Catlin Publishers. Paid Catlin Publishers in full. Received payment in full from Garfunkel Bookstore. Sold books on account to Bell Tower for $1,000. The cost of the merchandise sold was $ 850, Purchased books on account for $ 800 from Priceless Book Publishers Received payment in full from Bell Tower Pald Priceless Book Publishers in full. Sold books on account to General Bookstore for $2.950. The cost of the merchandise sold was $ 830, Granted General Bookstore $ 120 credit for books returned costing $ 60. 15 17 20 24 26 28 30 Prepare a tabutar summary to record the transactions for the month of June for Blue Spruce 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 es 45 or parentheses es (451) Prepare a tabular summary to record the trarsactions for the month of June for Blue Spruce Warehouse using a perpetual inventory system. Include margin oplanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sígn preceding the numbereg.-45 or parentheseses (451) Assets Cash Accts. Rec Inv. June 1 $ 3 6 15 17 20 24 26 28 30 Prepare a tabular summary to record the transactions for the month of June for Blue Spruce Warehouse using a perpetual inventory system Indude margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the numbers -45 or parentheses es (451) Liabilities Stockholders' Equity Retained Earnings Accts. Pay Common Stock Rev, Exp. |

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