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Sy transactions occurred during the month of Apri: merchandise sold was $2,450. b. On April 1, Mathis paid freight charges of $100 cash to have

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Sy transactions occurred during the month of Apri: merchandise sold was $2,450. b. On April 1, Mathis paid freight charges of $100 cash to have the goods dellvered to its warehouse. c. On April 8, Mathis retumed $1,000 of the merchandise, which had odginally cost Reece $700. d. On April 10, Mathis paid Reece the balance due. Required: Prepare the joumal entries to record these transactions on Reece's books. Assume that Reece uses the net method to record sales on scoount. if an amount box does not require an entry, leave it blank

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