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Problem All-2A Special journals-perpetual LO4 Janish Supplies completed the transactions listed below during April 2020. All sales are on terms 2/10, n/30. April 2 Sold

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Problem All-2A Special journals-perpetual LO4 Janish Supplies completed the transactions listed below during April 2020. All sales are on terms 2/10, n/30. April 2 Sold merchandise to Tim Bennett for $35,090 on credit; invoice #306 (cost $22, 750). 3 Cash sales for the day totalled $15,080; invoices #307 to #310 (cost $9, 750) . 4 Purchased $48, 090 of merchandise from Wallace Brothers; terms 1/10, n/30. 5 Sold merchandise to Brian Kennedy for $42,090 on credit; invoice #311 (cost $27, 300) . 6 Returned $4, 200 of defective merchandise purchased on April 4. 9 Purchased $230 of office supplies; cheque #620. 11 Purchased $56,090 of merchandise from Mckinley & Sons; terms n/30. 12 Received payment from Tim Bennett regarding the sale of April 2. 13 Paid for the merchandise purchased on April 4; cheque #621. 16 Sold merchandise to Wynne Walsh for $14,090 on credit; invoice #312 (cost $9, 100). 19 Issued a credit memo regarding a $3, 000 allowance granted to Wynne Walsh to cover defective merchandise sold on April 16. 20 Received payment from Brian Kennedy for the sale of April 5. 23 Purchased $3,800 of equipment from Zardon Company; terms 1/15, n/30. 24 Sold merchandise to Brian Kennedy for $18,000 on credit; invoice #313 (cost $11, 700). 26 Paid for the purchase of April 11; cheque #622. 27 Received payment from Wynne Walsh regarding the sale of April 16. 30 Paid April salaries; $36,000; cheque #623. For simplicity, we assume one cheque. Required: 1-2. Journalize the April transactions Into the appropriate Journal assuming perpetual Inventory system. (Enter the transactions in the order provided in the question.} JANISH SUPPLIES SALES JOURNAL A/R Dr. Sales COGS Dr. Date Account Debited Invoice No. Cr. Merchandise Inventory Cr. Totals $ 0 $ JANISH SUPPLIES CASH RECEIPTS JOURNAL COGS Dr. Date Account Credited Cash Dr. Sales Disc Dr. A/R Cr. Sales Cr. Merchandise Inventory Cr. Totals O S 0 $ 0 $ 0

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