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 $7,000, with credit termen/30; invoice dated April 1. The cost of the merchandise is $4,200. Apr. 4 The customer in the April 1 sale returned $780 of merchandise for full credit. The merchandise, which had cont $468, is returned to inventory. Apr. 8 Sold merchandise for $3,000, with credit terms of 1/10, n/30; invoice dated April 8. Cost of the merchandise is $2,100. Apr. 11 Received payment for the amount due from the April 1 sale loss the return on April 4. Apr. 11 Received payment for the amount due from the April 1 sale less the return View transaction list Journal entry worksheet 2 3 4 5 6 7 Sold merchandise for $7,000, with credit terms n/30. Note: Enter debits before credits General Journal Debit Credit Date Apr 01 Record entry clear entry View general Journal Journal entry worksheet 2 3 4 5 6 7 The cost of the merchandise is $4,200. Note: Enter debits before credits. General Journal Debit Credit Date Apr 01 Record entry Clear entry View general journal Journal entry worksheet