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Sales-Related and Purchase-Related Transactions for Seller and Buver Using Perpetual In entory System The following selected transactions were completed during April between Swan Company and
Sales-Related and Purchase-Related Transactions for Seller and Buver Using Perpetual In entory System The following selected transactions were completed during April between Swan Company and Bind Company: Apr. 2. Swan Company sold merchand ise on account to Bird Company, \$16,000, terms FoE shipping point, 2/10, n/30. Swan Company paid freight of $490, which was added to the invoice. The cost of the merchandise sibld was $10,100. 8. Swan Company sold merchandise on account to Bird Company. \$23.000, terms FOB degtinatian, 1/15, n/30, The cost of the merchandise sold was $13,800. 8. Swan Company paid freight of 5450 for delivery of merchandise sold to Bird Company on Aprtil 9 . 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 Compary agreed to keep the merchandise. 23. Bind Company paid 5 wan Company for purchase of April 8 . 24. Swan Company sold merchandise on account to Bind Company, $11,900, terms, FOB shipping point, n/45. The cost of the merchandise sold was $7,100. 26. Bind Company paid freight of 5430 on April 24 purchase fram Swan Company. 2. Journalize the Aori trangactions for Swan Company (the selleri. If an amount box does not raguira an entry, eai
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