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.) Apr. 1 Sold merchandise for $3,000, with credit terms n/30; invatce dated April 1. The cost of the merchandise is $1,000, Apr. 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 Apr. sold merchandise for $1,000, with credit terns of 1/10, n/30; invoice dated April 8. Cost of the serchandise is $700. Apr. 11 Received payment for the amount due from the April 1 sale less the return on April 4. View Bonsaction list Journal entry worksheet Sold merchandise for $3,000, with credit terms n/30; invoice dated April 1. Note: tniter debite before credits Date General Journal Debit Credit Apr 01 APP. 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 4 5 6 7 Sold merchandise for $3,000, with credit terms n/30; invoice dated April 1. Note: Enter debits before credits Date General Journal Debit Credit Apr 01 Record entry Clear entry View general journal 2 The cost of the merchandise sold is $1,800. 3 The customer in the April 1 sale returned $300 of merchandise for full credit. 4 Record the return of merchandise, costing $180. 5 Sold merchandise for $1,000, with credit terms of 1/10, n/30; invoice dated April 8. Credit 6 The cost of the merchandise sold is $700. 7 Received payment for the amount due from the April 1 sale less the return on April 4. Note : = journal entry has been entered Record entry Clear entry View gener