Prepare the journal entries for the transactions below:

Credit terms for all sales on account are 2/10, n/30. Huff Fitness uses a perpetual inventory system and therefore records the cost of merchandise sold as well as the sale.

Apr 22 Purchased merchandise on account from Iker Enterprises, $3,400. Terms are n/30.

Apr 22 Purchased merchandise on account from Fitness Network, $10,800. Terms are 2/10, n/30.

Apr 23 Sold merchandise on account, Inv #307, to Day & Night Fitness Centers for $16,156.25. COGS is $10,340.

Apr 24 Purchased merchandise on account from Sports A_Z Depot, $2,400. Terms n/30.

Apr 24 Issued Ch #2213 for $287 to Miami Cleaning Services for cleaning supplies (Misc Admin Exp).