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Prepare journal entries to record the following transactions for a retail store The company uses a perpetual inventory system and the gross method. April 2 Purchased $4,600 of merchandise from tyon Company with credit teras of 2/15, n/60, imvolce dated Apri1 2 , and Fos shipping April 2 point, April 3 Paid $300 cash for shipping charges on the Apell 2 purchase. April 4 Returned to lyon Coapany unacceptable merchandise that had an involce price of s600. Aprli 12 Sent s check to lyon Compary for the April 2 purchase, net of the discount and the returned merchandise. Apr11 21 After negotiations over scuffed necchandise, received fron Frist a s509 allowsoce touard the 58,503 owed on the Apr11 18 April 28 Sent check to Irist poying for the April 18 purchase, net of the allowbice and tbe discount. Journal entry worksheet Returned to Lyon Company unacceptable merchandise that had an invoice price of $600. Note Enter debits before crests. Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method. Apri1 2 point. April 3 Paid $300 cash for shipping charges on the April 2 purchase. April 4 Returned to Lyon Company unacceptable nerchandise that had an invoice price of $600. April 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. destination. April 21 purchase. April 28 Sent check to frist paying for the April 18 purchase, net of the allowance and the discount. Journal entry worksheet Paid \$300 cash for shipping charges on the Apriil 2 purchase. Note: Enter debits before credits. Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method. Apri1 2 Purchosed $4,600 of merchandise from tyon Company with credit terms of 2/15, n/60, invoice dated April 2 , and foB shipping April 2 point. April 3 Paid $300 cash for shipping charges on the April 2 purchase. April 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $609. April 17 Sent o check to Lyon Coupany for the April 2 purchase, net of the discount and the returned merchandise. April 18 Purchased 58,500 of merchandlse from Frist Corporation with credit terms of 1/10,n/30, Invoice dated April 18, and FOB destination. April 21 After negotiations over scuffed merchandise, received froo frlst a $500 allowance toward the $,500 oved on the April 18 purchase. April 28 Sent check to frist paying for the April 18 purchase, net of the allowance and the discount. Journal entry worksheet 234567 Purchased $4,600 of merchandise from Lyon company with credit terms of 2/15,N/60, involce dated Aptil 2 , and FOB thipping point. Noter Enter debits before credits. gross method. April 2. Purchased $4,600 of merchandise from Lyon Company with credit terns of 2/15, n/6e, invoice dated April 2 , and fos shipping Apel1 3 Paid $300 cash for shipping charges on the April 2 purchase. April a Returned to Lyon Company unacceptable merchandise that had on invaice price of $600. April 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. April 18 Purchased 58,500 of merchandise froe Frist Corporation with credit teras of 1/10, n/30, involce dated April 18, and Fos April 18 destination. Apr11 21 After negotiations over scuffed merchandise, recelved fron Frist a 5500 allowance toward the 58,500 owed on the April 18 April 28 Sent check to frist paying for the April 18 purchase, net of the allouance and the discount. Journal entry worksheet Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Notei Enter debsts before credits. Prepare journal entries to record the following transactions for a retail store The company uses a perpetual inventory system and the gross method. April 2 Purchased $4,660 of merchandise from Lyon Company with credit terns of 2/15, n/60, invoice dated April 2 , and Foe shipping Aprll 3 Paild syoo cash for shipping charges on the Apr 112 purchase. April 4 heturned to tyon Coopary unscceptable merchandise that had an invoice price of $600. April 17 Sent a check to Lyon Compony for the April 2 purchase, net of the discount and the returned merchandise. destination. Apr-11 21 After negotiations over scuffed merchandise, recelved froe frist a $500 allowance toward the $, 500 owed on the Apr 11 18 purchase. aprll 28 Sent check to frist payleg for the April 18 purchase, net of the allowance and the discount. Journal entry worksheet Purchaged 58,500 of merchandise frem Frist Corporation with credit terms of 1/10,n/30, involce dated A prit 18, and Fos destination. Note: Thier debits tiefore credsh. Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method. April 2 Purchased $4,600 of nerchandise from Lyon Company with credit teras of 2/15, n/60, Involce dated Apri1 2, and FoB shipping April 3 Paid $300 cash for shipping charges on the April 2 purchase. Apr11 4 Returned to Lyon Company unacceptable merchandise that had an involice price of $600. April 17 Sent a check to tyon Company for the April 2 purchase, net of the discount and the returned merchandise. April 18 Purchased \$8, 500 of merchandise from frist Corporation with credit teras of 1/10,n/30, invoice dated April 18 , and fos destination. Apr11 21 After negotiations over scuffed merchandise, recelved from Frist a $500 allowance toward the $8,500 owed on the April 18 April 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. Journal entry worksheet 12345 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. Note: Enter debits before credits. Prepare joumal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method Apri1 2 point. april 3 Paid $300 cash for shipping charges on the April 2 purchase. April 4 Returned to tyon Cospany unacceptable nerchandise that had an involce peice of 3609 . Apr11 17 . Sent a check. to tyon Coopany for the April 2 purchase, net of the discount ond the returned merchandise: April in Purchased $8,500 of merchandise fron Frist Corporation with credit teras of 1/10, n/30, involce dated Apr-11 1s, and foe destination. Apci1 21 After negotiations over scuffed acrchaedise, received fron rrist a $500 allowance touard the 58 , soe owed on the Apr 1110 purchase. April 28 Sent check to frist paylng for the Apri1 18 purchase, net of the allowsnce and the discount. 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