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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 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 pril 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.\ Journal entry worksheet\ 1\ 2\ 3\ 4\ 5\ 6\ 7\ The cost of the merchandise is

$3,960

.

image text in transcribed
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

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