2. Prepare journal entries to record the following transactions for a retail store. The company uses a periodic inventory system and the gross method. Apr. 2 Purchased S5,506 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shipping point. Apr. 3 Paid $359 cash for shipping charges on the April 2 purchase Returned to Lyon Company unacceptable merchandise that had an invoice price of $716. Apr4 Ap7 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise