MBC Inc. uses a periodic inventory system. During April, 2015, the following transactions occurred: Apr 3 Purchased $2,000 of merchandise, terms 3/10, n/60. 6 Returned $300 of the merchandise purchased on April 3. 7 Paid freight charges of $150 with cash on goods purchased on April 3. 12 Paid for the goods purchased on April 3. 13 Sold goods on credit for $1,000, terms 2/10, n/45. 14 The customer of April 13 returned $300 of the goods. 23 Received payment from the customer of April 13. The journal entry for sales returned on April 14 is Sales Returns and Allowances Accounts Receivable Sales Returns and Allowances Accounts Receivable Inventory Cost of Goods Sold Cash Accounts Receivable Cost of Goods Sold Accounts Receivable 300 300 134 300 300 300 300 134 300 300