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Prepare journal entries to record each of the following sales transactions of a merchandising company....

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Accounting

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.
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April 1 Sold merchandise for $3,800, with credit terms n30; invoice dated April 1. The cost of the merchandise is $2,280.
April 4 The customer in the April 1 sale returned $460 of merchandise for full credit. The merchandise, which had cost $276, is returned to inventory.
April 8 Sold merchandise for $1,40, with credit terms of 110,n30; invoice dated April 3. Cost of the merchandise is $980.
April 11 Received payment for the amount due from the April 1 sale less the return on April 4.
Journal entry worksheet
Sold merchandise for $3,800, with credit terms n30.
Note: Enter ceolts before crecls:
\table[[Date,General Journal,Debit,Credit],[April 01,,,],[,,,],[,,,],[,,0,],[,2,1+1,],[,,,]]
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