Magnesium Inc. uses a perpetual inventory system. During April, the following transactions occurred: Apr 3 6 7 12 Purchased $2,000 of merchandise, terms 3/10, n/60. Returned $300 of the merchandise purchased on April 3. Paid freight charges of $150 on goods purchased on April 3. Paid for the goods purchased on April 3. Sold goods costing $600 on credit for $1,000. Estimated returns are 10%. The customer of April 13 returned $300 of the goods that had a cost of $180. Received payment from the customer of April 13. 13 14 23 Instructions Prepare journal entries to record the above transactions