Using the general journal, provide entries reflecting payment of any outstanding accounts payable and accounts receivable for March. Using the general journal, provide at least 2 entries reflecting a merchandise sale for cash and another merchandise sale on account within the first 10 days of April. For the sale on account transaction above you have decided to offer your customers a 2/10, n30 sales discount. The customer agrees to take advantage of the discount. They will need to pay within 10 days of the sale to be allowed to take the discount. You receive an invoice from a transportation company that is 5% of the sale price of the goods that you shipped to one of your customers. Your terms of agreement with the customers are FOB destination. Using the general journal, provide an entry within the first 10 days of April reflecting a merchandise purchase on account (terms 2/10, n30). Your business has decided to take advantage of this purchase discount and pay within the 10 days. You receive an invoice from a transportation company for the merchandise inventory that you purchased of 5% of the original merchandise cost. You realize that your agreement with the supplier calls for FOB Origin() terms on the invoice. Therefore you understand that you are responsible for paying for the inventory shipped to your store. You purchase additional merchandise on account by the 15th of April. You decide to return 10% of the goods as they are defective before paying the supplier. The supplier agrees to terms of 2/10, n30 You receive an invoice from a transportation company for the merchandise inventory that you purchased of 5% of the original merchandise cost. You realize that your agreement with the supplier calls for FOB Origin (1) terms on the invoice. Therefore you understand that you are responsible for paying for the inventory shipped to your store. You purchase additional merchandise on account by the 15th of April. You decide to return 10% of the goods as they are defective before paying the supplier. The supplier agrees to terms of 2/10, n30 You receive an invoice from a transportation company for the merchandise inventory that you purchased of 5% of the original merchandise cost. Terms FOB origin. Using the general journal, provide an entry reflecting the 2nd payment on your 5 year loan on the 30th of April. On the 30th of April prepare entries for: Paying 1 months salaries in cash An adjusting entry for the prepaid insurance and the prepaid rent Depreciation expense for the depreciable assets (assume a full months depreciation for April) Post the April month's journal entries to the GL Prepare a trial balance for April 30th Prepare an Income Statement for the 2 months ending April 30th. Prepare a statement of changes in equity. Prepare a fully classified balance sheet as at April 30th. Prepare closing entries to close out revenues, expenses and withdrawals at the end of November