Journalize the following transactions for Bell Company using the gross method of accounting for sales discounts. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold. Make sure to enter the day for each separate transaction. April 2 Sold goods costing $6,720 to Alexander Company on account, $11,200, terms 5/10, n/30. April 8 Alexander Company was granted an allowance of $2,240 for returned merchandise that was previously purchased on account. The returned goods are damaged and have no scrap value. April 12 Received the amount due from Alexander Company. Account Title Debit Credit Date (Choose one) Accounts Payable Accounts Receivable Cash Cost of Goods Sold Purchase Discounts Lost Freight Out Merchandise Inventory Prepaid Rent Rent Expense Sales Sales Discounts Sales Returns and Allowances Supplies Supplies Expense