Exercise 222 Presented here are selected transactions for the Leiss Company during April. Leiss uses the perpetual inventory system. April 1 Sold merchandise to Mann Company for $4,000, terms 2/10, n/30. The merchandise sold had a cost of $2,500. 2 Purchased merchandise from Wild Corporation for $8,000, terms 1/10, n/30 4 Purchased merchandise from Ryan Company for $1,000, n/30 10 Received payment from Mann Company for purchase of April 1 ess appropriate discount 11 Paid Wild Corporation for April 2 purchase Journalize the April transactions for Leiss Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit April 1 (To record credit sale) (To record cost of good sold) 10 11