On June 1, Powell Book Company sold CNN's Bookstore $12,900 of books for cash. During the month, CNN's Bookstore returned books costing $1,500 to Powell for a cash refund. In the same month, CNN's sold the remaining books to their customers for a total of $15,300.
As a result of these transactions, at the end of the month, CNN's accounting equation will show a net:

Question

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CNN's Bookstore records the following entries:
 11ee7640_e1ea_f474_90da_f150bbdc815b_TBCB1007_00

On June 1, Powell Book Company Sold CNN's Bookstore $12,900