QS 5-12Sale of merchandise: return-perpetual LO3 Prepare journal entries to record each of the following transactions of a merchandising company She any supporting calculations. Assume a perpetual inventory system Apr 1 Sold merchandise for $2.000 grating customer torms of 2/10. EOM The cost of the more 51.400 4 The customer in the April 1 med merchandise and credit for 5500 Theron cost $350, was turned to 11 Recoved payment for the amount sing from the And on Apr