Apr.2 Purchased merchandise from Lyon Company under the following terms: $3,200 price, invoice dated April 2, credit terms of 2/15, n/60, and FOB shipping point. 3 Paid $179 for shipping charges on the April 2 purchase. 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $750. 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. 18 Purchased merchandise from Frist Corp. under the following terms: $6,850 price, invoice dated April 18, credit terms of 2/10, n/30, and FOB destination. After negotiations, received from Frist a $1,918 allowance on the April 18 purchase. 28 Sent check to Frist paying for the April 18 purchase, net of the discount and allowance. Prepare journal entries to record the above transactions for a retail store. Assume a perpetual inventory system. View transaction list View journal entry worksheet Credit No 1 Date April 02 General Journal Merchandise inventory Accounts payable Lyon Debit 3,200 3,200 21 April 03 179 Merchandise inventory Cash 179 3 April 04 7501 Accounts payable-Lyon Merchandise inventory 750 X 4 April 17 April 17 Accounts payableLyon Merchandise inventory Cash 5 April 18 6,850 Merchandise inventory Accounts payable-Frist 6,850 6 6 April 21 April 21 Accounts payable-Frist Merchandise inventory Acce 1,918 1.918 7 April 28 4,247 Accounts payable-Frist Merchandise inventory Cash