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apter 04: Accounting for Merchandising Operations nalyze and record transactions for merchandise sales using a perpetual system. nowledge Check 07 seller uses a periodic inventory

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apter 04: Accounting for Merchandising Operations nalyze and record transactions for merchandise sales using a perpetual system. nowledge Check 07 seller uses a periodic inventory system, and on Apri 4, it sold $5,00 in merchandlse on credit (when its cost is $2,400) to a customer on cred erms of 3/10, n/30 The customer returned $1,000 of the merchandise on April 8 On April 12, the seller received the full payment due forn the customer. Complete the seller's necessary journal entry by selecting the Account Names and dollar amounts from the drop-down menus. The order of the account names in the journal entry must match the ilustration set forth in this module. Date Account Title Debit Credit April 12 | select| select select select select select select select select Submit answer & continue

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