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Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, n/30) April 2 Purchased $13,500

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Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, n/30) April 2 Purchased $13,500 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 $8,000 (cost is $7,000). April 3 (b) Parchased $1,560 of office supplies on credit from custer, Incorporated, terms n/30. April 4 Issued Check Number 587 to Norld View for advertising expense of \$850. April 5 Sold merchandise on credit to Paula Kohr, Invoice Number 761, for $17,000 (cost is $15,500). April 6 Returned $90 of office supplies purchased on April 3 to Custer, Incorporated. Wiset reduces April 9 accounts payable by that amount. April 9 Purchased $12,025 of store equipment on credit from Hal's supply, terms n/30. April 11 Sold merchandise on credit to Nic Nelson, Invoice Number 762 , for $20,900(cost is $17,400). April 12 Issued Check Number 588 to Noth Company in payment of its April 2 purchase less the discount of April 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $160. April 13 (b) Sold $8,500 of merchandise on eredit to Page Alistair (cost is $7,000), Invoice Nunber 763 . April 14 Received payment from Paula Kohr for the April 5 sale less the discount of $340. April 16 (a) Issued Check Number 589 for $10,350; payee is Payroll, in payment of sales salaries expense for the first half of the month. April 16 (b) Cash sales for the first half of the month are $52,540 (cost is $35,580 ). These cash sales are recorded in the cash receipts journal on April 16. Apri1 17 Purchased $13,550 of merchandise on credit from Grant Company, terms 2/10,n/30. April 18 Borrowed $70,000 cash from First state Bank by signing a long-term note payable. April 20 (a) Received payment from Nic Nelson for the April 11 sale less the discount of \$418. April 20 (b) Purchased $830 of store supplies on eredit from Hal's Supply, terms n/30. April 23 (a) Returned $750 of defective merchandise purchased on April 17 to Grant Company. Wiset reduces Apri1 23 (b) Received payment from Page Alistair for the April 13 sale less the discount of $170. Apri1 25 Purchased $11,475 of merchandise on credit from Noth Company, terms 2/10,n/60. April 26 Issued Check Number 590 to Grant Company in payment of its April 17 invoice less the return and the $256 discount. April 27 (a) Sold $8,240 of merchandise on credit to paula Kohr, Involce Number 764(cost is $7,590). April 27 (b) Sold $13,800 of merchandise on credit to Nic Nelson, Invoice Number 765 (cost is $11,405 ). April 30 (a) Issued Check Number 591 for $10,350; payee is Payroll, in payment of the sales salaries expense for the last half of the month. April 30 (b) Cash sales for the last half of the month are $74,975 (cost is $59,900). These cash sales are recorded in the cash receipts journal on April 30 . Enter the March 31 balances for Cash ($82,000), Inventory ($192,000), Long-Term Notes Payable ($174,000), and B. Wiset, Capital ($100,000). Post the t journal in the respective general ledger accounts

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