Prepare journal entries to record each of the merchandising transactions assuming that the company records purchases using the gross method and a periodic inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) April 1 Sold merchandise for $3,000, with credit terms n/30; invoice dated Apeil 1. The cost of the merchandise is $1,300. April 4 The customer in the April 1 sale returned $300 of merchandise for full credit. The merchandise, which had cost $180, Is returned to inventory, April 8 Sold merchandise for $1,000, with credit terms of 1/10, n/30; invoice dated April a. Cost of the merchandise is $700. April 11 Received payment for the amount due from the April 1 sale less the return on April 4