Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, n/30). Apr. 4 2 Purchased $14,700 of merchandise on credit from Noth Company, terms 2/10, 1/60. 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760, for $5,200 (cost is $2,700). 3 (b) Purchased $1,530 of office supplies on credit from Custer, Inc. terms n/30. Issued Check No. 587 to World View for advertising expense of $886. 5 Sold merchandise on credit to Paula Kohr, Invoice No. 761, for $8,300 (cost is $6,600). 6 Returned $65 of office supplies purchased on April 3 to Custer, Inc. Wiset reduces accounts payable by that amount. 9 Purchased $12,045 of store equipment on credit from Hal's Supply, terns n/30. 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762, for $11,600 (cost is $7,800). 12 Issued Check No. 588 to Moth Company in payment of its April 2 purchase less the discount of $294 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $104. 13 (b) Sold $11,900 of merchandise on credit to Page Alistair (cost is $4,100), Invoice No. 763. 14 Received payment from Paula Kohr for the April 5 sale less the discount of $166. 16 (a) Issued Check No. 589 for $10, 150, payee is Payroll, in payment of sales salaries expense for the first half of the month. 16 (b) Cash sales for the first half of the month are $54,780 (cost is $42,600). These cash sales are recorded in the cash receipts Journal on April 16. 17 Purchased $11,500 of merchandise on credit from Cant Company, terma 2/10, 1/30. 10 Borrowed $68,000 cash from First State Bank by signing a long-term note paya 20 (a) Received payment from Nie Nelson for the April 11 sale less the discount of 20 (b) Purchased $1,160 ot store supplies on credit from Hal's Supply, terms 1/30. 23 (a) Returned $800 ot defective merchandise purchased on April 17 to Grant Company. Wiset reduces accounts payable by that amount. 2) (b) Received payment from Page Alistair for the April 13 sale less the discount of $238. 25 Purchased $11,670 of merchandise on credit from oth company, terns 2/10, 1/60. 26 Issued Check No. 590 to Grant Company in payment of its April 17 invoice less the return and the $214 discount 27 (a) Sold 53,110 of merchandise on credit to Paula Kohr, Invoice No. 764 (cost is $2,790). 27 (b) Sold $8,500 of merchandise on credit to Nie Nelson, Invoice No. 765 (cost is $4,560). 30 (a) Issued Check No. 591 for $10,150, payee is Payroll, in payment of the sales salaries expense for the last half of the month. 30 (b) Cash sales for the last halt of the month are $71,400 (cost is 562, 600). These cash sales are recorded in the cash receipts journal on April 30. Assume that Wiset Co. uses the perpetual inventory system. Reg 4 Reg 4 Prepare a trial balance of the general ledger. of 3 WISET COMPANY Trial balance April 30 Debit Credit Cash Accounts receivable inventory Cost of goods sold Totals $ 05 0 Reg 4B > Prepare a trial balance of the general ledger. 4-b. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Reg 4A eg 4B Prepare a schedule of accounts receivable. WISET COMPANY Schedule of Accounts Receivable April 30 Paula kohe Nic Nelson Page Alistair Total accounts receivable $ 0 (Reg 4 Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10, n/30). Apr. 4 2 Purchased $14,700 of merchandise on credit from Noth Company, terms 2/10, 1/60. 3 (a) Sold merchandise on credit to Page Alistair, Invoice No. 760, for $5,200 (cost is $2,700). 3 (b) Purchased $1,530 of office supplies on credit from Custer, Inc. terms n/30. Issued Check No. 587 to World View for advertising expense of $886. 5 Sold merchandise on credit to Paula Kohr, Invoice No. 761, for $8,300 (cost is $6,600). 6 Returned $65 of office supplies purchased on April 3 to Custer, Inc. Wiset reduces accounts payable by that amount. 9 Purchased $12,045 of store equipment on credit from Hal's Supply, terns n/30. 11 Sold merchandise on credit to Nic Nelson, Invoice No. 762, for $11,600 (cost is $7,800). 12 Issued Check No. 588 to Moth Company in payment of its April 2 purchase less the discount of $294 13 (a) Received payment from Page Alistair for the April 3 sale less the discount of $104. 13 (b) Sold $11,900 of merchandise on credit to Page Alistair (cost is $4,100), Invoice No. 763. 14 Received payment from Paula Kohr for the April 5 sale less the discount of $166. 16 (a) Issued Check No. 589 for $10, 150, payee is Payroll, in payment of sales salaries expense for the first half of the month. 16 (b) Cash sales for the first half of the month are $54,780 (cost is $42,600). These cash sales are recorded in the cash receipts Journal on April 16. 17 Purchased $11,500 of merchandise on credit from Cant Company, terma 2/10, 1/30. 10 Borrowed $68,000 cash from First State Bank by signing a long-term note paya 20 (a) Received payment from Nie Nelson for the April 11 sale less the discount of 20 (b) Purchased $1,160 ot store supplies on credit from Hal's Supply, terms 1/30. 23 (a) Returned $800 ot defective merchandise purchased on April 17 to Grant Company. Wiset reduces accounts payable by that amount. 2) (b) Received payment from Page Alistair for the April 13 sale less the discount of $238. 25 Purchased $11,670 of merchandise on credit from oth company, terns 2/10, 1/60. 26 Issued Check No. 590 to Grant Company in payment of its April 17 invoice less the return and the $214 discount 27 (a) Sold 53,110 of merchandise on credit to Paula Kohr, Invoice No. 764 (cost is $2,790). 27 (b) Sold $8,500 of merchandise on credit to Nie Nelson, Invoice No. 765 (cost is $4,560). 30 (a) Issued Check No. 591 for $10,150, payee is Payroll, in payment of the sales salaries expense for the last half of the month. 30 (b) Cash sales for the last halt of the month are $71,400 (cost is 562, 600). These cash sales are recorded in the cash receipts journal on April 30. Assume that Wiset Co. uses the perpetual inventory system. Reg 4 Reg 4 Prepare a trial balance of the general ledger. of 3 WISET COMPANY Trial balance April 30 Debit Credit Cash Accounts receivable inventory Cost of goods sold Totals $ 05 0 Reg 4B > Prepare a trial balance of the general ledger. 4-b. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Reg 4A eg 4B Prepare a schedule of accounts receivable. WISET COMPANY Schedule of Accounts Receivable April 30 Paula kohe Nic Nelson Page Alistair Total accounts receivable $ 0 (Reg 4