Sales$-$Related and Purchase$-$Related Transactions for Seller and Buyer Using Perpetual Inventory System

The following selected transactions were completed during April between Swan Company and Bird Company:

Apr. $2.$ Swan Company sold merchandise on account to Bird Company, $$32,000,$ terms FOB shipping point, $2/10,$ n$/30.$ Swan Company paid freight of $$330,$ which was added to the invoice. The cost of the merchandise sold was $$19,200.$

$8.$ Swan Company sold merchandise on account to Bird Company, $$49,500,$ terms FOB destination, $1/15,$ n$/30.$ The cost of the merchandise sold was $$29,700.$

$8.$ Swan Company paid freight of $$710$ for delivery of merchandise sold to Bird Company on April $8.$

$12.$ Bird Company paid Swan Company for purchase of April $2.$

$18.$ Swan Company paid Bird Company a refund of $$2,000$ for defective merchandise in the April $2$ purchase. Bird Company agreed to keep the merchandise.

$23.$ Bird Company paid Swan Company for purchase of April $8.$

$24.$ Swan Company sold merchandise on account to Bird Company, $$67,350,$ terms FOB shipping point, n$/45.$ The cost of the merchandise sold was $$40,400.$

$26.$ Bird Company paid freight of $$875$ on April $24$ purchase from Swan Company.

Required:

$1.$ Journalize the April transactions for Bird Company $($the buyer$).$ If an amount box does not require an entry, leave it blank.

Date Account Debit Credit

Apr. $2$

fill in the blank $2$

fill in the blank $3$

fill in the blank $5$

fill in the blank $6$

Date Account Debit Credit

Apr. $8$

fill in the blank $8$

fill in the blank $9$

fill in the blank $11$

fill in the blank $12$

Date Account Debit Credit

Apr. $12$

fill in the blank $14$

fill in the blank $15$

fill in the blank $17$

fill in the blank $18$

Date Account Debit Credit

Apr. $18$

fill in the blank $20$

fill in the blank $21$

fill in the blank $23$

fill in the blank $24$

Date Account Debit Credit

Apr. $23$

fill in the blank $26$

fill in the blank $27$

fill in the blank $29$

fill in the blank $30$

Date Account Debit Credit

Apr. $24$

fill in the blank $32$

fill in the blank $33$

fill in the blank $35$

fill in the blank $36$

Date Account Debit Credit

Apr. $26$

fill in the blank $38$

fill in the blank $39$

fill in the blank $41$

fill in the blank $42$

$2.$ Journalize the April transactions for Swan Company $($the seller$).$ If an amount box does not require an entry, leave it blank.

Date Account Debit Credit

Apr. $2-$sale

fill in the blank $44$

fill in the blank $45$

fill in the blank $47$

fill in the blank $48$

Date Account Debit Credit

Apr. $2-$freight

fill in the blank $50$

fill in the blank $51$

fill in the blank $53$

fill in the blank $54$

Date Account Debit Credit

Apr. $2-$cost

fill in the blank $56$

fill in the blank $57$

fill in the blank $59$

fill in the blank $60$

Date Account Debit Credit

Apr. $8-$sale

fill in the blank $62$

fill in the blank $63$

fill in the blank $65$

fill in the blank $66$

Date Account Debit Credit

Apr. $8-$cost

fill in the blank $68$

fill in the blank $69$

fill in the blank $71$

fill in the blank $72$

Date Account Debit Credit

Apr. $8-$freight

fill in the blank $74$

fill in the blank $75$

fill in the blank $77$

fill in the blank $78$

Date Account Debit Credit

Apr. $12$

fill in the blank $80$

fill in the blank $81$

fill in the blank $83$

fill in the blank $84$

Date Account Debit Credit

Apr. $18$

fill in the blank $86$

fill in the blank $87$

fill in the blank $89$

fill in the blank $90$

Date Account Debit Credit

Apr. $23$

fill in the blank $92$

fill in the blank $93$

fill in the blank $95$

fill in the blank $96$

Date Account Debit Credit

Apr. $24-$sale

fill in the blank $98$

fill in the blank $99$

fill in the blank $101$

fill in the blank $102$

Date Account Debit Credit

Apr. $24-$cost

fill in the blank $104$

fill in the blank $105$

fill in the blank $107$

fill in the blank $108$