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Aprit 2 Purehased $5,700 of merchandise from tyon Company with eredit terms of 2/15,n/60, Lnvoice dated April 2 , and FOB shipping point. April 3

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Aprit 2 Purehased $5,700 of merchandise from tyon Company with eredit terms of 2/15,n/60, Lnvoice dated April 2 , and FOB shipping point. April 3 Paid $260 cash for shipping charges on the April 2 purchase. April 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $550. Apri1 17 sent a check to Lyon Company for the Apri1 2 purchase, net of the discount and the returned nerehandise. April 18 Purchased $10,700 of merehandise fron Frist Corporation with credit terms of 1/10,n/30, invoice dated April 18, and FOB dentination. April 21 After negotiations over scuffed merehandise, received from FriJt a $500 allowance toward the $10, 700 Apri1 28 Sent eheck to Friat paying for the April 18 purchase, net of the allowance and the discount. Journal entry worksheet (1) 2 (3) (5) 6 (7) Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits. Purchased $5,700 of merchandise from Lyon Company with credit terms of 2/15,n/60, invoice dated April 2, and FOB shipping point. Note: Enter debits before credits. Paid $260 cash for shipping charges on the April 2 purchase. Note: Enter debits before credits. Returned to Lyon Company unacceptable merchandise that had an invoice price of $550. Note: Enter debits before credits: Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits. Purchased $10,700 of merchandise from Frist Corporation with credit terms of 1/10,n/30, invoice dated April 18, and FOB destination. Note: Enter debits before credits. After negotiations over scuffed merchandise, received from Frist a $500 allowance toward the $10,700 owed on the April 18 purchase. Note: Enter debits before credits. Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. Note: Enter debits before credits

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