Required information The following information applies to the questions displayed below.] Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, n/30) Apr. 2 Purchased $15,300 of merchandise on credit from Noth Company, invoice dated April 2, terms 2/10, n/60 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760, for $5,900 (cost is $2,300) 3 (b) Purchased $1,480 of office supplies on credit from Custer, Inc. Invoice dated April 2, terms n/10 EONM 4 5 Sold merchandise on credit to Paula Kohr, Invoice No. 761, for $8,000 (cost is $7,000) Issued Check No. 587 to World View for advertising expense, $873 Received an $85 credit memorandum from Custer, Inc., for the return of some of the office supplies received on April 3 Purchased $10,830 of store equipment on credit from Hal's Supply, invoice dated April 9, terms n/10 EOM 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762, for $12,300 (cost is $6,600) 12 13 (a) Received payment from Page Alistair for the April 3 sale less the discount 13 (b) Sold $13,800 of merchandise on credit to Page Alistair (cost is $4,300 Invoice No. 763 14 16 (a) Issued Check No. 589, payable to Payroll, in payment of sales salaries expense for the first half of the Issued Check No. 588 to Noth Company in payment of its April 2 invoice less the discount. Received payment from Paula Kohr for the April 5 sale less the discount month, $10,900. Cashed the check and paid employees. 16 (b) Cash sales for the first half of the month are $60,590 (cost is $44, 500). (Cash sales are recorded daily 17 20 (a) Received payment from Nic Nelson for the April 11 sale less the discount. from cash register data but are recorded only twice in this problem to reduce repetitive entries.) Purchased $13,800 of merchandise on credit from Grant Company, invoice dated April 17, terms 2/10, n/30 Borrowed $56,000 cash from First State Bank by signing a long-term note payable