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, $16,600, terms FOB shipping point, 1/10, n/30. Swan Company paid freight of $250, which was added to the invoice. The cost of the merchandise sold was $10,500. 8. Swan Company sold merchandise on account to Bird Company, $26,000, terms FOB destination, 2/15, n/30. The cost of the merchandise sold was $15,600. 8. Swan Company paid freight of $690 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, $8,500, terms FOB shipping point, n/45. The cost of the merchandise sold was $5,100. 26. Bird Company paid freight of $250 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 Merchandise Inventory