Prepare journal entries to record the transactions assuming a periodic inventory system. April 5 Sold merchandise to a customer for $6,000; terms 1/10, n/30 (cost of sales $3,280). 7 Made a cash sale of $4,300 of merchandise to a customer today (cost of sales $2,260). 8 Sold merchandise for $11,600; terms 1/10, n/30 (cost of sales $6,640). 15 Collected the amount owing fron the credit customer of April 5. May 4 The customer of April 8 paid the balance owing. 0 View transaction list Journal entry worksheet > 1 2 3 4 5 Record sale of merchandise for $6,000; terms 1/10, n/30 cost of sales $3,280. Note: Enter debits before credits. Debit General Journal Date Credit Apr. 05