Prepare journal entries to record the following transactions for a retall store. The company uses a perpetual Inventory system and the gross method.April $2$ Purchased $$3,600$ of merchandise from Lyon Company with credit terms of $2/15,$ n$/60,$ invoice dated April $2,$ and FOB shippingpointApril $3$ Paid $$240$ cash for shipping charges on the April $2$ purchase.April $4$ Returned to Lyon Company unacceptable merchandise that had an invoice price of $$800.$April $17$ Sent a check to Lyon Company for the April $2$ purchase, net of the discount and the returned merchandise.April $18$ Purchased $$6,500$ of merchandise from Frist Corporation with credit terms of $1/10,$ n$/30,$ invoice dated April $18,$ and FOBdestination.April $21$ After negotiations over scuffed merchandise, received from Frist a $$400$ allowance toward the $$6,500$ owed on the April $18$purchase.April $28$ Sent check to Frist paying for the April $18$ purchase, net of the allowance and the discount.