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#1 Magnesium Inc. uses a perpetual inventory system. During April, the following transactions occurred 3 6 Returned $300 of the merchandise purchased on April 3.

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#1 Magnesium Inc. uses a perpetual inventory system. During April, the following transactions occurred 3 6 Returned $300 of the merchandise purchased on April 3. 7 Paid freight charges of $150 on goods purchased on April 3. 12 Paid for the goods purchased on April 3 13 Sold goods costing S600 on credit for $1,000, terms 2/10, n/45. 14 The customer of April 13 returned $300 of the goods that had a cost of $180. 23 Received payment from the customer of April 13. Apr Purchased $2,000 of merchandise, terms 3/10,n/60. Instructions You may omit explanations

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