Prepare Journals Entries for the Following, Assuming the Company Uses

Prepare journals entries for the following, assuming the company uses a perpetual inventory method and records purchases at their net amounts.
$$\begin{array} { | l | l | } \hline \text { June 1 } & \text { Purchased merchandise from Martin Company for } \$ 900 \text { with the terms of } 2 / 10 , \mathrm { n } / 30 . \\\hline \text { June 2 } & \text { Returned } \$ 100 \text { of the merchandise to the Martin Company. } \\\hline \text { June 4 } & \text { Purchased merchandise from the Elizabeth Company for } \$ 700 \text { with the terms of } 3 / 10 , \mathrm { n } / 30 . \\\hline \text { June 6 } & \text { Paid the amount owed to the Martin Company. } \\\hline \text { June 8 } & \text { Returned } \$ 50 \text { of the merchandise purchased from the Elizabeth Company. } \\\hline \text { June 12 } & \begin{array} { l } \text { Sold all of the merchandise on hand from the Martin Company for } \$ 1,060 \text { and collected } 8 \% \\\text { sales tax in addition to the sales price }\end{array} \\\hline \text { June 16 } & \text { Paid the amount owed to Elizabeth Company in full. } \\\hline\end{array}$$