• Accounts payable
• Accounts receivable
• Accumulated depreciation
• Building
• Cash
• Cost of goods sold
• Delivery expense
• Depreciation expense
• Interest expense
• Interest income
• Interest payable
• Interest receivable
• Land
• Merchandise inventory
• Miscellaneous expenses
• Purchases
• Purchases discounts
• Purchases returns and allowances
• Sales
• Sales discounts
• Sales returns and allowances
• Transportation-in

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. April 1 Sold merchandise for $6,600, with credit terms n/30; invoice dated April 1. The cost of the merchandise is $3,960. April 4 The customer in the April 1 sale returned $740 of merchandise for full credit. The merchandise, which had cost $444, is returned to inventory. April 8 Sold merchandise for $2,800, with credit terms of 1/10, n/30; invoice dated April 8. Cost of the merchandise is $1,960. April 11 Received payment for the amount due from the April 1 sale less the return on April 4. View transaction list Journal entry worksheet Sold merchandise for $6,600, with credit terms n/30. Note: Enter debits before credits. Date General Journal Debit Credit Apr 01 Record entry Clear entry View general journal