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hlp inventory system and the gross method. April 1 sold...

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Accounting

hlp
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inventory system and the gross method. April 1 sold merchandise for $5,600, with credit teras n/30; involce dated April 1 . The cost of the therchandise is $3,803. April 4 The customer in the April 1 sale returned $580 of merchandise for full credit. The merchandise, which bad cost $348, is returned to inventory. Aprit 8 Sold nerchandise for $2,800, with credit terns of 1/10,n/30; invoice dated April 8 . Cost of the nerchandise is $1,400. April 11 Received payment for the anount due from the April 1 sale less the return on April 4

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