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 $6,600, with credit terms 1/30; invoice dated April 1. The cost of the merchandise is $3.960. apr. The customer in the April 1 sale returned $740 of merchandise for full credit. The merchandise, which had cost $444, is returned to inventory. Npr. 8 Sold merchandise for $2,800, with credit terms of 1/10, 1/30; invoice dated April 8. Cost of the merchandise is $1,960. 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 2 3 4 5 6 7 Sold merchandise for $6,600, with credit terms n/30. Note: Enter debits before credits General Journal Debit Credit Date Apr 01