!Required informationRequired:1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for atransaction/event, select "No Journal Entry Required" in the first account field.)View transaction listJournal entry worksheet145 6 7812>Record purchase of radios on account from Radio World for $2,150, terms2/15, n/45.Note: Enter debits before credits.DateGeneral JournalDebitCreditJune 02Record entryClear entryView general journal !Required informationProblem 6-3B Record transactions and prepare a partial income statement using a perpetual inventorysystem (LO6-2, 6-5)[The following information applies to the questions displayed below.]At the beginning of June, Circuit Country has a balance in inventory of $2,450. The following transactions occur during themonth of June.2 Purchase radios on account from Radio World for $2,150, terms 2/15, n/45.4 Pay cash for freight charges related to the June 2 purchase from Radio World, $290.8 Return defective radios to Radio World and receive credit, $300.JuneJuneJuneJune 10 Pay Radio World in full.June 11 Sell radios to customers on account, $3,900, that had a cost of $2,650.June 18 Receive payment on account from customers, $2,900.June 20 Purchase radios on account from Sound Unlimited for $3,250, terms 2/10, n/30.June 23 Sell radios to customers for cash, $4,750, that had a cost of $3,050.June 26 Return damaged radios to Sound Unlimited and receive credit of $300.June 28 Pay Sound Unlimited in full.Problem 6-3B Part 1Required:1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for atransaction/event, select "No Journal Entry Required" in the first account field.)View transaction listJournal entry worksheet

Name: !Required informationRequired:1. Assuming that Circuit Country uses a
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: !Required informationRequired:1. Assuming that Circuit Country uses a perpetual inventory system, record the transactions. (If no entry is required for atransaction/event, select "No Journal Entry Required" in the first account field.)View transacti