McGww-Hill Connect Ch 04 Need to Know X Obama Pactice. Problem 0 ittps:/ewconnect.meducation.com/flow/connect.html a s > Ch 04 Need to Know Videos Seved Help Save & Exit Submit Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpetual inventory system and the gross method. Apr. 1 Sold merchandise for $3,000, with credit terns n/38; invoice dated April 1. The cost of the merchandise is $1,800. Apr. 4 The customer in the April 1 sale returned $300 of merchandise for full credit. The merchandise, which had cost $180, is returned to inventory. Apr. 8 Sold merchandise for $1,000, with credit terms of 1/10, n/3e; invoice dated April 8. Cost of the merchandise is $700. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4. View transaction list Journal entry worksheet Sold merchandise for $3,000, with credit terms n/30. Note: Enter debts before credits Date General Journal Debit Credit Apr 01 - OW A C 60 /28/2019 The touch