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Distributing Company completed these merchandising transactions in the month of April. ccount from Am-Bev Co....

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Distributing Company completed these merchandising transactions in the month of April. ccount from Am-Bev Co. $8,700, terms 4/10, n/30. Question 5) Krey Apr. 2 Purchased merchandise on a 4 Sold merchandise on account $8.000, terms 2/10, n/30. The cost of the merchandise sold was $3,700 5 Paid $250 freight on April 4 sale. Received credit rom Am-Bev Co. for merchandise returned $500. 11 Paid Am-Bev Co. in full. 13 Received collections in full from customers billed on April 4. 14 Purchased merchandise for cash $4,700. 16 Received refund from supplier for returned merchandise on cash purchase of April 14, s500. 18 Purchased merchandise from Lohr Distributors $5,500, terms 3/10, n/30. 20 Paid freight on April 18 purchase $180. 23 Sold merchandise for cash $8,300. The cost of the merchandise sold was $5,580 26 Purchased merchandise for cash $2,300. 27 Paid Lohr Distributors in full. 29 Made refunds to cash customers for returned merchandise $180. The returned merchandise had a cost of $120 30 Sold merchandise on account $3,980, terms n/30. The cost of the merchandise sold was $2,500. Instructions: Journalize the transactions using a perpetual inventory system (in color)

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