Journal Entries for Purchase, Return, and Remittance-Perpetual System On April 13, the Kesselman Company purchased $33,000 of merchandise from the Krausman Company, with terms of 1/10,n/30. On April 15, Kesselman paid $410 to Ace Trucking Company for freight on the shipment. On April 18, Kesselman Company returned $1,200 of merchandise for credit. Final payment was made to Krausman on April 22. Kesselman Company records purchases using the perpetual inventory system. Required