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Saved Prepare joumal entries to record each of the following merchandising...

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Saved Prepare joumal entries to record each of the following merchandising transactions assuming that the buyer uses the periodic Inventory system and the gross method. 22:45 Apr. 2. Purchased $5,500 of merchandise from Lyon Company with credit terms of 2/15, W/50, Invoice dated April 2, and to shipping point 3 Pald $297 cash for shipping charges on the April 2 purchase 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $250. 17 Sent > check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise 18 Purchased $11,300 of merchandise from Frist Corp. with credit terms of 1/10, 1/30, Invoice dated April 18, and Fos destination 21 After negotiations, received from Frist $600 allowance toward the $11,500 owed on the April 10 purchase. 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount View transaction list Journal entry worksheet 23 4 5 6 Purchased $5,300 of merchandise from Lyon Company with credit terms of 2/15, 1/60, inwoice dated April 2, and FOB shipping point Note Enter debits before credits General Journal Deble Credi Apr 02 Cleder Vice general pumal

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