Session M2 Homework eBook Calculator Sales-Related and Purchase-Related Transactions for Buyer and Seller Using Periodic Inventory System Selected transactions during April between Swan Company and Bird Company are shown below. Apr. 2. Swan Company sold merchandise on account to Bird Company, $32,000, terms FOB shipping point, 2/10, 1/30. Swan paid freight of $330, which was added to the invoice. The cost of the goods sold was $19,200 8. Swan Company sold merchandise on account to Bird Company, $49,500, terms FOB destination, 1/15, n/eom. The cost of the goods 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. 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/eom. The cost of the goods sold was $40,400 26. Bird Company paid freight of $875 on April 24 purchase from Swan Company. 30. Bird Company paid Swan Company on account for purchase of April 24. Required: 1. Journalize the entries to record the transactions for Swan Company, assuming that the company uses the periodic Inventory system, For a compound transaction, if an amount box does not require an entry, leave it blank. Apr 2-sale Apr. 2-freight Apr. 8-sale Apr. B-delivery M2 Homework eBook Calculator Apr 8-delivery Apr. 12 Apr 23 Apr. 24 Apr. 30 2. Journalize the entries to record the transactions for Bird Company, assuming that the company uses the periodic Inventory system. For a compound transaction, an amount box does not require an entry, leave it blank. Apr. 2 110 110 Apr 8 Apr 12 DODO Che Wackmore Check My Works 2. Joumalize the entries to record the transactions for Bird Company, assuming that the company uses the periodic inventory system. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 2 Apr. 8 Apr. 12 0 0 D III III D 110 III III I III Apr. 23 Apr. 24 Apr. 26 Apr. 30