Wiset Company completes these transactions during April of the current year (the terms of all ts credit sales are 2/10, n/30) Apr. 2 Purchased $15,eee of merchandise on credit from Noth Company, invoice dated Aprl1 2, t 3 Sold merchandise on credit to Page Alistair. Invoice No. 760, for ss,3e0 (cost is $2,400). 3 Purchased $1,5se of office supplies on credit from Custer, Inc. Invoice dated April 2, terms n/1e Eom 4 Issued Check No. $87 to world view for advertising expense, $856, s sold merchandise on credit to Paula Kohr, Invoice No. 761, for s9,28e (cost is s6,900) 6 Received an $8e credit memorandum from Custer, Inc., for the return of some of the office supplies received on April 3. of store equipment on credit from Hal's Supply, Involce dated April 9, terms n/18 EOM. 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762, for $1 12 Issued Chec 2,se0 (cost is $6,780) k No. 588 to Noth Company in payment of its April 2 invoice less the discount. 13 Recelved payment from Page Alistair for the April 3 sale less the discount 13 Sold $8, se0 of merchandise on credit to Page 14 Received payment from Paula Kohr for the April 5 sale less the discount Alistair (cost is ss, 20e), Invoice No. 763. No: 599, payable to yroll, in payment of sales salarles expense for the first halffheoth, s9,00. Cashed the check and paid employees 16 Cash sales for the first half of the month are $54,2 1e (cost is $42,8e0). (Cash sales are recorded daily from cash register data but are recorded only twice in this problem to reduce repetitive entries.) 17 Purchased $14,3e0 of merchandise on credit 18 Borrowed $61,880 cash from First State Bank by signing a long-tern note payable 2e Received payment from Nic Nelson for the April 11 sale less the discount nt Company, invoice dated April 17, terms 2/1e, n/3. ase of store supplies on credit from Hal's Supply, invoice dated April 19, terms n/1e EOr. 23 Received a ssee credit 23 Received payment from Page Alistalr for the April 13 sale less the discount nemorandum from Grant Company for the return of defective merchandise received on April 17, of merchandise on credst from Noth Company, invoice dated April 24, terns 2/1a, n/6e n theurL THOM NUCH COmpaly, ihvoic dated April 24, terms 2/1e, n/6e. 26 Issued Check No. 590 to Grant Company in payment of its April 17 invoice less the return and the discount. 27 Sold $3,458 of merchandise on credit to Paula Kohr, Invoice No. 764 (cost is $2,570). 27 Sold s8, see of merchandise on credit to . 3e Issued Check No. 591, payable to Payroll, in payment of the sales salaries expense for the last half of the month, Nic Nelson, Invoice No. 765 (cost is $4,540) $9,808 e cash sales for the last half of the month are $71,1ee (cost is $65,400). Req 1A Req 16 Req 1C Req 2 and 3 Req 44 Req 48 April transactions of Wiset Company and enter those transactions that should be journaized in the purchases journal PURCHA SES JOURNAL Other Date of Invoice Terms Accounts Inventory Office Date Account ayable Cr Dr.Supplies Or. Accounts Dr. Apr. 30 Totals Req 1B ) Req IA Req 18 Req 1C Req 2 and 3Req -4A Req 4B Review the April transactions of Wiset Company and enter those transactions that shouild be journalized in the cash disbursements Journa CASH DISBURSEMENTS JOURNAL Other Ck. No. Inventory Accounts Payable Dr. Date Payee Account Debited Cash Cr. Accounts Cr. Dr. Apr 30 Totals Reg 1A 2 Received an $80 credit memorandum from Custer, Inc., for the return of some of the office supplies received on April 3. Note: Enter debits before credits General Journal Debit Credit Date Apr. 6 Journal entry worksheet Received a $800 credit memorandum from Grant Company for the return of defective merchandise received on April 17 Note: Enter debits before credits Date General Journal Debit Credit Apr. 23 Store Equipment Accounts Payable Debit Balance Date Debit Credit Date Credit Long-Term Notes Payable B. wiset Capital Balance Date Debit Credit Bal: Date Debit Credit Mar 31 Mar 31 Advertising Expense Sales Salaries Expense Date Debit Credit Balance Date Debit Credit Bal ACCOUNTS PAYABLE LEDGER Custer, Inc. Grant Company Date Debit Credit Balance Date Debit Credit Bal Hal's Supply Noth Company Date Debit Creait Balance Date Debit Credit Bal: Req 1C Prepare a trial balance. WISET COMPANY Trial Balance April 30 Debit Credit Totals WISET COMPANY Schedule of Accounts Payable April 30 Custer, Inc. Hal's Supply Noth Company Grant Company Total accounts payable