Prepare journal entries to record the following transactions for a retail store. The company uses a perpetuai inventory system and the gross method. April 2 Purchased $4,900 of merchandise from Iyon Company with eredit terns of 2/15, 1/60, involee dated April 2 , and FOa shipping point. Apri1. 3 Paid $290 eash for ahipping charges on the April 2 purchase. April 4 Returned to Iyon Company unacceptable merchandise that had an involce price of $400. April 17 Sent a check to Lyon Company for the Apri1 2 purchane, net of the discount and the returned merehandine. Aprd1 18 purehased $9,100 of merchandise from Frist Corporation with eredit terma of 1/10, a/30, involce dated April 13 , and FOB destination. Apri1 21 After negotiations over scufted merchandise, received from Frint a $400 allowance touard the $9,100 oved on the April 18 purchase. April 28 sent eheek to Frist paying for the April 18 purehase, pet of the allowance and the dincount