Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method Apr. 2 Purchased $6,600 of merchandise from Lyon Company with credit terms of 2/15, 1/60, invoice dated April 2, and FOB shipping point. 3 Paid $278 cash for shipping charges on the April 2 purchase. 4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $400. 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. 18 Purchased $12,500 of merchandise from Frist Corp. with credit terns of 1/10, 1/30, invoice dated April 18, and FOB destination. 21 After negotiations, received from Frist a $500 allowance toward the $12,500 owed on the April 18 purchase. 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount. Answer is not complete. Credit Debit 6.600 No Date Apr 02 O General Journal Merchandise inventory Accounts payable - Lyon 1 6.600 270 oo 2 Apr 09 270 Merchandise inventory Cash 400 3 Apr 04 400 Accounts payable - Lyon Merchandise inventory OO 4 Accounts payable Lyon Merchandise inventory Apr 17 No General Journal Debit Date Apr 02 Credit 1 Merchandise inventory Accounts payable-Lyon >> 6,600 6,600 2 Apr 03 Merchandise inventory Cash 270 270 3 Apr 04 400 Accounts payable-Lyon Merchandise inventory O 400 4 > Apr 17 Accounts payable-Lyon Merchandise inventory 5 Apr 18 12,500 Merchandise inventory Accounts payable-Frist 12,500 500 6 Apr 21 Accounts payable-Frist Merchandise inventory O 500 > 12,000 7 Apr 28 Accounts payable-Frist Merchandise inventory Cash 12,000 12,000