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 $4,600, with credit terms n/30; invoice dated April 1. The cost of the merchandise is $2,760.
Apr.		4		The customer in the April 1 sale returned $540 of merchandise for full credit. The merchandise, which had cost $324, is returned to inventory.
Apr.		8		Sold merchandise for $1,800, with credit terms of 1/10, n/30 invoice dated April 8. The cost of the merchandise is $1,260.
Apr.		11		Received payment for the amount due from the April 1 sale less the return on April 4.