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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). Apr. 2 Purchased $15,100

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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). Apr. 2 Purchased $15,100 of merchandise on credit from Noth Company, terms 2/10,n/60. 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760 , for $5,500(cost15$3,409). 3 (b) Purchased $1,410 of office supplies on credit from Custer, Inc. terms n/30. 4 Issued Check No. 587 to World View for advertising expense of $880. 5 Sold merchandise on credit to Paula Kohr, Invoice No. 761 , for $9,400 (cost is $7,100 ). 6 Returned $85 of office supplies purchased on April 3 to Custer, Inc. Wiset reduces accounts payable by 9. that amount. 9 Purchased $10,240 of store equipsent on credit from Hal's Supply, terms n/30. 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762 , for $11,900 (cost is $6,400). 12 Issued Check No. 588 to Noth Company in payment of its April 2 purchase less the discount of $302. 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $11. 13 (b) Sold $13,500 of merchandise on credit to Page Alistair (cost is $4,400 ), Invoice No. 763. 14 Received payment fron Paula Kohr for the April 5 sale less the discount of \$188. 16 (b) Cash sales for the first half of the mont 17 Purchased $13,300 of merchandise on credit from orant Company, terms 2/10,n/30. 18 Borrowed $71,060 cash from First state Bank by signing a long-tern note payable. 20 (a) Received payment from Nic Nelson for the April 11 sale less the discount of \$238. 20 (b) Purchased 3880 of store supplies on credit from Hal's supply, terms n/30. 23 (a) Returned $900 of defective merchandise purchased on April 17 to Grant Company. Wiset reduces accounts 23 (b) Received payment from Page Alistair for the April 13 sale less the discount of \$27e. 25 Purchased $11,040 of merchandise on credit from Noth Company, terms 2/10,n/60. 26 Issued Check No. 590 to Grant Company in payment of its April 17 invoice less the return and the $248 27 (a) Sold \$3,05e of merchandise on credit to Paula Kohr, Invoice No. 764 (cost is \$2,800). 27 (b) Sold \$7,48e of merchandise on credit to Nic Nelson, Invoice No. 765 (cost is \$5,38e). 30 (a) Issued Check No, 591 for $10,400, payee is Payroll, in payment of the sales salaries expense for the last 38 (b) Cash sales for the last half of the month are $73,800 (cost is $65,600 ). These cash sales are recorded in the cash receipts journal on April 30. Assume that Wiset Co. uses the perpetual inventory system. Required: 1-a. Enter the transaction of the Wiset Company that should be journalized in the sales journal. 1.b. Enter the transaction of the Wiset Company that should be journalized in the cash recelpts journal. The terms of all credit sales are 2/10,n/30 Complete this question by entering your answers in the tabs below. Enter the transaction of the Wiset Company that should be journalized in the saloe inumal. Required: 1.a. Enter the transaction of the Wiset Company that should be journalized in the sales journal. 1-b. Enter the transaction of the Wiset Company that should be journalized in the cash receipts joumal, The terms of all credit sales are 2/10,n/30. Complete this question by entering your answers in the tabs below. Enter the transaction of the Wiset Company that should be journalized in the cash receipts journal. The terms of all credit sales are 2/10,/30

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