Problem No. 2 (Seller's Book) Directions: Journalize the following transactions of C. Reyes Store. Use a two column journal. April 2, 2015 - Sold merchandise on account to M. Castillo P5,000 : Terms 2/20, n/30. April 6- Returned P 1,500 worth of merchandise from M. Castillo. April 20 - Received full collection from M. Castillo. April 22-Sold merchandise to A. Ramirez, P 2,500. Received downpayment of P1,500 and remaining balance on credit. Terms, n/10. April 23 - Paid freight to deliver merchandise to A. Ramirez, P 700. April 28 - A. Ramirez paid the balance