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Please help ! Prepare journal entries to record each of the following sales transactions of...

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Accounting

Please help !

Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpetual inventory system and the gross method.

Apr. 1 Sold merchandise for $4,400, with credit terms n/30; invoice dated April 1. The cost of the merchandise is $2,640.
Apr. 4 The customer in the April 1 sale returned $520 of merchandise for full credit. The merchandise, which had cost $312, is returned to inventory.
Apr. 8 Sold merchandise for $1,700, with credit terms of 1/10, n/30 invoice dated April 8. Cost of the merchandise is $1,190.
Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4.

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Journal entry worksheet 2 1 3 4 5 6 7 Sold merchandise for $4,400, with credit terms n/30. Note: Enter debits before credits. Date General Journal Debit Credit Accounts receivable 4,400 Ap 01 Sales 4,400 Record entry Clear entry View general journal

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