Journal Entries for Purchase, Return, and Remittance Perpetual System On April 13, the Kesselman Company purchased $27,000 of merchandise from the Krausman Company, with terms of 1/10,n/30. On April 15, Kesselman paid $350 to Ace Trucking Company for freight on the shipment On April 18, Kesselman Company returned $1,000 of merchandise for credit Final payment was made to Krausman on April 22. Kesselman Company records purchases using the perpetual inventory system, Required Prepare the journal entries that Kesselman Company should make on April 13, 15, 18, and 22 General Journal Description Debit Credit Support Purchase of merchandise from Krausman Company term 1/100 Paid freiht on Art 13 purchase Returned merchandise to Krausman Company Paid amount due to Krauman Company Check 614 PM Type here to search