Prepare joumal entries to record each of the merchandising transactions assuming that the company records purchases using the gross method and a periodic inventory system Note: If no entry is required for o transaction/event, select "No journal entry required" in the first account field. April 1 Sold merchandise for $6,200, with credit terms n/39; Involce dated April 1 . The cost of the merchandise 1 s $3,720. April 4 The customer in the April 1 sale returned $790 of merchandise for full credit. The merchandise, which had cost $420, is returned to inventory. Apri1 8 Sold merchandise for $2,600, with credit tents of 1/10,n/30; imolce dated Apri1 8 . Cost of the merchandise is $1,82. Apri1 11 Received payment for the amount due from the April 1 sale less the return on April 4. Answer is complete but not entirely correct