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 1 Purchased merchandise on account from A+ Flex Fitness Center, $18,260.00. Terms n/30.

Apr 1 Sold merchandise on account, Invoice #301, to Miami Connections, $5,850.00. The Cost of Merchandise Sold is $3,744.00.

Apr 1 Issued Check No 2201 for $14,268.80 to A+ Flex Fitness Center in payment of its invoice of March 27 for $14,560.00, less a 2% discount.