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 29 Issued check #2219 to MIA Gas & Electric for $360 for gas and electric bill (Misc Admin Expense).

Apr 30 Issued Ch #2220 for $700 to South Miami Bank in payment of interest on note payable for April.

Apr 30 Received a check for $3,060 from Blue Water Enterprises in payment of a $3,000 note receivable plus $60 interest earned.

Apr 30 Cash sales for Apr 22-30 were $28,280. COGS is $18,099.20.