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Craig's Snowboards Uses the Perpetual Inventory System and the Gross

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Craig's Snowboards uses the perpetual inventory system and the gross method of accounting for sales, and had the following sales transactions during June:


 June 2 Sold merchandise to General Sports Store on eredit for $4,800, terms 1/15, n/60. The items sold had a cost of $2,700. June 4 General Sports Store returned merchandise that had a selling price of $200. Th  cost of the merchandise returned was $110. June 13  General Sports Store paid for the merchandise sold on June 2 less the return,  taking any appropriate discount earned. \begin{array} { | l | l | } \hline \text { June } 2 & \begin{array} { l } \text { Sold merchandise to General Sports Store on eredit for \$4,800, terms } 1 / 15 , \\\text { n/60. The items sold had a cost of } \$ 2,700 .\end{array} \\\hline \text { June } 4 & \begin{array} { l } \text { General Sports Store returned merchandise that had a selling price of } \$ 200 . \text { Th } \\\text { cost of the merchandise returned was } \$ 110 .\end{array} \\\hline \text { June 13 } & \begin{array} { l } \text { General Sports Store paid for the merchandise sold on June } 2 \text { less the return, } \\\text { taking any appropriate discount earned. }\end{array} \\\hline\end{array} Prepare the journal entries that Craig's Snowboards must make to record these transactions.

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