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Steve's Skateboards uses the perpetual inventory system and had the following sales transactions during April2 Sold merchandise to Happy Hobby Shop on credit for $4,800,

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Steve's Skateboards uses the perpetual inventory system and had the following sales transactions during April2 Sold merchandise to Happy Hobby Shop on credit for $4,800, terms 1/15, n/60 The items Apil4 Happy Hobby Shop returned merchandise that had a selling price of $200. The cost of the April 13 Happy Hoby Shop paid for the merchandise sold on Apil 2, taking any appropriate discount sold had a cost of $2,700. merchandise returned was S110 earned pril: prit oI repare the journal entries that Steve's Skateboards must make to record these transactions

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