The following information applies to the questions displayed below! Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 210, n/30) Apr. 14 2 Purchased $15,400 of merchandise on credit from Noth Company, terms 2/10, n/60. 3 al Sold merchandise on credit to Page Alistair, Invoice No. 760, for $4,800 cost is $3.400) 3 b) Purchased $1,520 of office supplies on credit from Custer, Inc. terms a/30. Issued Check No. 587 to World View for advertising expense of $850. Sold merchandise on credit to Paula Kohr, Invoice No. 761, for $8,300 (cost is $7,500). Returned $80 of office supplies purchased on April 3 to Custer, Inc. Wiset reduces accounts payable by that amount. Purchased $12,340 of store equipment on credit from Hal's Supply, terms n/30. Sold merchandise on credit to Nie Nelson, Invoice No. 762, for $11.300 (cost is $6,300). Tasued Check No. 588 to Nath Company in payment of its April 2 purchase less the discount of $308. 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $96. 13 (b) Sold $13,000 of merchandise on credit to Page Alistair (cost is $3,600), Invoice No. 763. Received payment from Paula Kohr for the April 5 sale less the discount of $166. 16 (a) Issued Check No. 589 for $10,850, payee is Payroll, in payment of sales salaries expense for the first half of the month. 16 (b) Cash sales for the first half of the month are $56, 410 cost is $40,000). These cash sales are recorded in the cash receipts Journal on April 16. Purchased $13,600 of merchandise on credit from Grant Company, terms 2/10, 5/30. 13 Borrowed 561,000 cash from First State Bank by signing a long-term note payable. 20 (a) Received payment from Nie Nelson for the April 11 sale less the discount of $226. 20 (b) Purchased $920 of store supplies on credit from Hal's Supply: terms n/30. 23 (a) Returned $1,000 of detective merchandise purchased on April 17 to Grant Company. Wiset reduces accounts payable by that amount. 23 (b) Received payment from Page Alistair for the April 13 sale less the discount of $260. Purchased $11,985 of merchandise on credit from oth Company, terms 2/10, 1/60. 26 Issued Check No. 590 to Grant Company in payment of its April 17 invoice less the return and the 5252 discount. 27 (a) Sold 53,320 of merchandise on credit to Paula Kohr, Invoice No. 764 cost $2,790). 27 (b) Sold $8,000 of merchandise on credit to Nie Nelson, Invoice No. 765 (cost is $5,105). 30 (a) Issued Check No. 591 for $10,850, payee is Payroll, in payment of the sales salaries expense for the last half of the month. 30 (b) Cash sales for the last half of the month are $71,300 cost is $60,000). These cash sales are recorded in the cash receipts Journal on April 30. 25 Assume that Wiset Co. uses the perpetual inventory system. 2 & 3. Enter the March 31 balances for Cash ($100,000), Inventory ($155,000), Long-Term Notes Payable ($155,000), and B. Wiset, Capital ($100,000). Post the total amounts from the journal in the following general ledger accounts and in the accounts receivable subsidiary ledger accounts for Paula Kohr, Page Alistair, and Nic Nelson Cash Debit Credit Inventory Debit Long-Term Notes Payable Doble Credit Credit Wiset, Capit Debit Credit Balance Debit Credit Balance Sales Discounts Debit Cost of Goods Sold Debit Credit Balance Date Credit Balance