4. HW Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method pr. 7 Purchased 54,900 of merchandise from Lyon Company with credit tons of 2/15, 1/60, Invoice dated April, and FOB shipping point 3 Paid $280 cash for shipping charges on the April 2 purchase. 4 Returned to tyon Company unacceptahta merchandise that had an invoice price of 5800. 17 Sentach to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise 1. Purchased $9,100 of sarchandise from Print Corp. with credit terns of 1/10, 1/30, Lovo ce dated April 18, and Ton destination. 21 Atter negotiation, moved from it a $500 allowance toward the $9,100 ved on the April 18 purchase 2 Sent thack to Trist paying for the April 15 purchase, net of the allowance and the discount. View transaction Journal entry worksheet + 2 7 Purchased 54,900 of merchandise from Lyon Company with credit terms of 2/15, 1/60, invoice dated April 2, and Foo shipping point Erde beurre Date General Journal Creat Prew 102 Next > 21 Al id MacBook Pro RO 23 bb OR 7 I do 97 bi TE FS 46 A @ 2 W* $ 4 % 5 6 & 7 8 9 0 Q W E R T Y U I OP A A S DF G H J J L N X C V B N M VitalSource Books Class ACC-220.M. C Home | Chegg.com VHL Central M Gmail O Brightspace Saved 4- HW @ Journal entry worksheet a UR 21 tv A MacBook Pro 30 000 000 00 Journal entry worksheet 24 stv @ MacBook Pro 80 000 000 F4 F3 . F5 DIA F8 F6 F7 # $ % A 2. er 4 - HW DON Journal entry worksheet 2 4 5 67 03:30 Returned to Lyon Company unacceptable merchandise that had an invoice price of $800 ped Note: Enter debits before credits JON General Journal Dobit Credit Dato Apr 04 nt int ce Record entry Clear entry View general journal Prey 1 of 2 Next > 21 C AG MacBook Pro F1 F2 80 F3 000 000 F4 00 F7 F5 F6 Journal entry worksheet 1 2 3 5 6 7 73 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits Date General Journal Debit Credit Apr 17 Record entry Clear entry View general Journal Prey 1 of 2 Next > fo 21 dtv MacBook Pro F1 F2 go F3 000 000 F4 o F7 F5 F6 Journal entry worksheet 1 2 3 4 6 7 Purchased $9,100 of merchandise from Frist Corp. with credit terms of 1/10, n/30, invoice dated April 18, and FOB destination. Note: Enter debits before credits Date General Journal Debit Credit Apr 18 Record entry Clear entry View general Journal Prey 1 of 2 Next > 21 aty MacBook Pro 80 000 000 F4 F3 F5 F6 F7 GU Journal entry worksheet 7
