Recording Purchases Reeves Corporation uses the perpetual system to record inventory transactions. Reeves had the following transactions in April:

Recording Purchases Reeves Corporation uses the perpetual system to record inventory transactions. Reeves had the following transactions in April: a. On April 1, Reeves purchased merchandise on credit for $21,900 with terms 2/10, n/30. b. On April 2, Reeves purchased merchandise on credit for $25,700 with terms 3/15, n/25. c. On April 9, Reeves paid for the purchase made on April 1. d. On April 25, Reeves paid for the merchandise purchased on April 2. Required: Prepare journal entries for these four transactions. If an amount box does not require an entry, leave it blank. April 1 April 2 April 9 April 25