Apr. 2. Swan Company sold merchandise on account to Bird Company, $19,000, terms FOB shipping point, 2/10, n/30. Swan Company paid freight of $265, which was added to the invoice. The cost of the merchandise sold was $12,000. 8. Swan Company sold merchandise on account to Bird Company, $29,000, terms FOB destination, 1/15, n/30. The cost of the merchandise sold was $17,400. 8. Swan Company paid freight of $810 for delivery of merchandise sold to Bird Company on April 8. 12. Bird Company paid Swan Company for purchase of April 2. 18. Swan Company paid Bird Company a refund of $2,000 for defective merchandise in the April 2 purchase. Bird Company agreed to keep the merchandise. 23. Bird Company paid Swan Company for purchase of April 8. 24. Swan Company sold merchandise on account to Bird Company, $13,000, terms FOB shipping point, n/45. The cost of the merchandise sold was $7,800. 26. Bird Company paid freight of $250 on April 24 purchase from Swan Company. Date Account Debit Credit Apr. 2 Merchandise Inventory Accounts Payable-Swan Company Date Account Debit Credit Apr. 8 Merchandise Inventory Accounts Payable-Swan Company Date Account Debit Credit Apr. 12 Accounts Payable-Swan Company Cash Date Account Debit Credit Apr. 18 Cash 2,000 Merchandise Inventory 2,000 Date Account Debit Credit Apr. 23 Accounts Payable-Swan Company Cash Date Account Debit Credit Apr. 24 Merchandise Inventory 13,000 Accounts Payable-Swan Company 13,000 Date Account Debit Credit Apr. 26 Merchandise Inventory 250 Cash 250 Date Account Debit Credit Apr. 2-sale Accounts Receivable-Bird Company Sales Date Account Debit Credit Apr. 2-freight Date Account Debit Credit Apr. 2-cost Cost of Merchandise Sold Merchandise Inventory Date Account Debit Credit Apr. 8-sale Accounts Receivable-Bird Company Sales Date Account Debit Credit Apr. 8-cost Cost of Merchandise Sold Merchandise Inventory Date Account Debit Credit Apr. 8-freight Delivery Expense Cash Date Account Debit Credit Apr. 12 Cash Accounts Receivable-Bird Company Date Account Debit Credit Apr. 18 Customer Refunds Payable Cash Date Account Debit Credit Apr. 23 Cash Accounts Receivable-Bird Company Date Account Debit Credit Apr. 24-sale Accounts Receivable-Bird Company Sales Date Account Debit Credit Apr. 24-cost Cost of Merchandise Sold Merchandise Inventory