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Prepare journal entries to record the following transactions for a retail store. The company uses...

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Accounting

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 $4,400 of merchandise from Lyon Company with credit terms of 215,n60, invoice dated April 2, and FOB shipping point.
April 3 Paid $270 cash for shipping charges on the April 2 purchase.
April 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $850.
April 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise.
April 18 Purchased $8,100 of merchandise from Frist Corporation with credit terms of 110, n/30, invoice dated April 18, and FOB destination.
April 21 After negotiations over scuffed merchandise, received from Frist a $400 allowance toward the $8,100 owed on the April 18 purchase.
April 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount.
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