Johns purchased merchandise on account for $6,400. Freight charges of $1,000 were paid in cash. Johns returned some of the merchandise purchased in (1). The cost of the merchandise was $1,300 and Johns account was credited by the supplier. Merchandise costing $3,500 was sold for $6,600 in cash. Required: Prepare the necessary journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

Record the merchandise purchased on account for $6,400.

Note: Enter debits before credits.

Transaction

General Journal

Debit

Credit

01

Journal entry worksheet

Record the freight charges of $1,000.

Note: Enter debits before credits.

Transaction

General Journal

Debit

Credit

01

Journal entry worksheet

Record the freight charges of $1,000.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
02

Journal entry worksheet

Record the return of merchandise costing $1,300.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
02

Journal entry worksheet

Record the sale of merchandise for $6,600 in cash.

Note: Enter debits before credits.

Transaction

General Journal

Debit

Credit

03

Journal entry worksheet

Record the cost of goods sold for $3,500.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
04