10. Krey Distributing Company completed these merchandising transactions in the month of April. At the beginning of April, the ledger of Krey showed Cash of $10,000 and Common Stock of $10,000 Apr. 2 Purchased merchandise on account from Am-Bev Co. $8,700, terms 1/10, n/30. 4 Sold merchandise on account $6,000, terms 3/10, n/30. The cost of the merchandise sold was $3,700. Paid $200 freight on April 2 purchase. 6 Received credit from Am-Bev Co. for merchandise returned $800. 11 Paid Am-Bev Co. in full. 13 Received collections in full from customers billed on April 4. 14 Purchased merchandise for cash $4,700. 16 Received refund from supplier for returned merchandise on cash purchase of April 14, $600. 18 Purchased merchandise from Lohr Distributors $5,500, terms 2/10, n/30. 20 Paid freight on April 4 sale $180. 23 Sold merchandise for cash $8,300. The cost of the merchandise sold was $5,580. 26 Purchased merchandise for cash $2,500. 27 Paid Lohr Distributors in full. 29 Made refunds to cash customers for returned merchandise $180. The returned merchandise had a cost of $120. 30 Sold merchandise on account $3,980, terms n/30. The cost of the merchandise sold was $2,500. Instructions (a) Journalize the transactions. Date Description De bit Credit