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, $17,900, terms FOB shipping point, 1/10, 1/30. Swan Company paid freight of $280, which was added to the invoice. The cost of the merchandise sold was $11,300. 8. Swan Company sold merchandise on account to Bird Company, $25,000, terms FOB destination, 2/15, 1/30. The cost of the merchandise sold was $15,000. 8. Swan Company paid freight of $680 for delivery of merchandise sold to Bird Company on April B. 12. Bird Company poid 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, $11,900, terms FOB shipping point, w/45. The cost of the merchandise sold was $7,100 26. Bird Company paid freight of $340 on April 24 purchase from Swan Company 30. Swan Company granted a customer allowance (credit memo) to Bird Company for $11,300 for merchandise that was returned from the August 24 purchase. The cost of the merchandise returned was $6,500. eBook Chapter Six Homework 1. Journalize the April transactions for Bird Company (the buyer). Account Debit Credit Date Apr. 2 Debit Credit Date Account Apr. 8 Debit Credit Date Account Apr. 12 Account Debit Credit Date Apr. 18 Chapter Six Homework eBook Debit Credit Date Account Apr. 23 Debit Credit Date Account Apr. 24 Account Debit Date Credit Apr 26 Date Account Debit Credit |Apr. 30 Chapter Six Homework eBook 2. Joumalize the April transactions for Swan Company (the seller). Date Account Debit Credit Apr. 2- sale Date Account Debit Credit |Apr. 2- freight Date Account Debit Credit Apr. 2- cost Date Account Debit Credit Chapter Six Homework eBook Account Debit Date Credit Apr. 8- sale Account Debit Date Credit Apr. 8- cost Date Account Debit Credit Apr. 8- freight Date Account Debit Credit Apr. 12 engage Chapter Six Homework eBook Date Account Debit Credit Apr. 12 Date Account Debit Credit Apr. 18 Date Account Debit Credit Apr. 23 Date Account Debit Credit Apr. | 24- sale Chapter Six Homework eBook CATE Apr. 24- sale Account Debit Date Credit Apr. 24- cost > Date Account Debit Credit Apr. 30 Account Debit Date Credit Apr. 30 Instructions The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 2019: Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies $ 240,000 966,000 1,690,000 22,500 13,500 8,000 830,000 550,000 3,600,000 Prepaid insurance Office Equipment Accumulated Depreciation Office Equipment Store Equipment Accumulated Depreciation Store Equipment Accounts Payable Customer Refunds Payable Salarios Payable Note Payable (final payment due 2022) Kristina Marble, Capital 1,820,000 326,000 40,000 41,500 300,000 3,449,100 Disregard the last photo