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. Aprit 1 Sold merchandise for $3,600, with credit terns n/30; invoice dated April 1. The cost of the merchandise is $1,800. April 4 The customer in the April 1 sale returned $300 of merchandise for futl credit. The merchandise, which had cost $188, is returned to inventory. April 8 Sold merchandise for $1,009, with credit terns of 1/10, n/30; invoice dated Aprit 8. Cost of the merchandise is $760, April 11 Received payment for the anount due trom the April 1 sole less the return on April 4 , Journal entrv worksheet