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 $6,200, with credit terne n/30; invoice dated April 1. The cost of the merchandise is $3,720. Apr. 4 The customer in the April 1 sale returned $700 of merchandise for full credit. The merchandise, which had cost $420, is returned to inventory. Apr. 8 Sold merchandise for $2,600, with credit terms of 1/10, n/30; invoice dated April 8. Cost of the merchandise is $1,820. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4