Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system and the gross method. Apri1:2 Purchased \$4,500 of merchandise froe Lyon Company with credit terms of 2/15, n/60, invoice dated April 2 , and foB shipping point. April 3 Paid $240 cash for shipping charges on the April 2 purchase. April 4 Returned to tyon Conpany unacceptable nerchandise that had an invoice price of $700. April 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise. Apr11 18 Purchased 58,300 of merchandise from Frist Corporation wlth credit terms of 1/10, 0/30, involce dated April 18 , and FOB destination. April 21 After negotiations over scuffed merchandise, received from frist a $400 allowance toward the $8,300 oured on the Apri1 18 purchase. Aprl1 28 Sent check to Frlst paying for the April 18 purchase, net of the ollowance and the discount