Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, /30 ). April 2 Purchased $13,600 of merchandise on credit from Noth Company, terms 2/10,n/60. April 3 (a) Sold merchandise on credit to Page Alistair, Invoice Number 760 , for 58,000 (cost is $7,000 ). April 3 (b) Purchased $1,470 of office supplies on credit from Custer, Incorporated, terns n/30. April 4 Issued Check Number 587 to Horld Vien for advertising expense of $904. Aprils 5old merchandise on credit to Paula Kohr, Invoice Number 761 , for $16,000(cost. is $14,500). April 6 Returned 580 of office supplies purchased on April 3 to Custer, Incorporated. Wiset reduces accounts April 9 purchased by that anount. April 11 Sold merchandise on credit to Nic Nelson, Invoice Number 762 , for $20,100 (cost is $16,660). Apri1 12 Issued Check Number 588 to Noth Company in payment of its Apri1 2 purchase less the discount of $272. Apr11 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $16. April 13 (b) 501d$9,500 of merchandise on credit to Page Alistair (cost is $8,000), Invoice Number 763 . April 14 Recelved payment from Paula Kohr for the April 5 sale les's the discount of $320. Apri1 16 (a) Issued Check Nunber 589 for $11,250; payee is Payroll, in payment of sales salaries expense for the first half of the month. Appil 16 (b) Cash sales for the first half of the month are $53,240(cost is $36,280). These cash sales are recorded in the cash receipts journal on April 16 . Appil 17 Purchased $14,750 of merchandise on credit from Grant Company, terms 2/10, n/30. Apri1 18 Borrowed $60,000 cash from First state Bank by signing a long-term note payable. April 20 (a) Recelved payment from Nic Nelson for the Apri1 11 sole less the discount of s402. Appil 20 (b) Purchased $830 of store supplies on credit from Hal's supply, terms n/30. Apri1 23 (a) Returned $650 of defective merchandise purchased on Apr11 17 to Grant company. Wiset reduces accounts Apri1 23 (b) payable by that asount. Apr11 25 (b) Received payment from Page Alistair for the April 13 sale less the discount of \$190. Apr11 25 Purchased $11,275 of merchandise on credit from Noth Company, terms 2/10,n/60. Apri1 26 Issued Check Number 590 to orant Company in payment of its Apri1 17 invoice less the return and the $282 Apr11. 27 (a) Sold \$5,340 of nerchandise on credit to Paula Kohr, Invoice Number 764 (cost is \$4,690). April 27 (b) Sold $12,800 of merchandise on credit to Nic Nelson, Involce Number 765 (cost is $10,405 ). Apri1 30 (a) Issued Check Number 591 for $11,250; payee is Payrol1, in payment of the sales salaries expense for the last half of the month. Apr11 30 (b) Cash sales for the last half of the month are $73,975 (cost is $58,900). These cash sales are recorded in the cash recelpts fournal on April 30. Required: 1-a. Enter the transactions of the Wiset Company that should be joumalized in the sales joumal 1-b. Enter the transactions of the Wiset Company that should be journalized in the cash receipts joumal. The terms of all credit sales are 2,10,n/30 2. Enter the March 31 balances for Cash (\$89.000), Inventory (\$191,000), Long-Term Notes Payable ($180,000), and B. Wiset, Capital (\$100.000) Post the total amounts from the joumal in the respective general ledger accounts 3. Enter the March 31 balances for Cash (\$89.000), Inventory (\$191,000), Long-Teim Notes Payable ($180.000), and B. Wiset, Capital (\$100.000). Post the total amounts from the joumal in the respective accounts receivable subsidiary ledger accounts for Paula Kohr, Page Alstair, and Nic Nelson. 4-a. Prepare a trial balance of the general ledger accounts 4.b. Prepare a schedule of accounts receivable. Required: 1-a. Enter the transactions of the Wiset Company that should be joumalized in the purchases journal 1.b. Enter the transactions of the Wiset Company that should bejournalized in the cash payments journal. 1-c. Prepare a general joumal. Enter the transaction of the Wiset Company that should be joumalized in the general journal 2. Enter the March 31 balances of Cash (\$89,000), Imventory ($191,000), Long-Term Notes Payable (\$180.000), and B. Wiset, Capital (\$100.000). Post the total amounts from the journal in the respective general ledger accounts. 3. Enter the March 31 balances of Cash ($89,000), Inventory ($191,000), Long-Term Notes Payable (\$180,000), and B. Wiset, Capital (\$100,000). Post the total amounts from the journal in the respective accounts payable subsidiary ledger accounts for Hal's Supply. Noth Company, Grant Compary and Custer, Incorporated 4-a. Prepare a trial balance of the general ledger accounts. 4-b. Prepare a schedule of accounts payable