Record the necessary journal entries. April 2, Sold merchandise on account to Brown Company for $18,900, 1/10, n/30.  The cost of the merchandise sold was $13,300. April 9, Sold merchandise for cash for $55,400.  The cost of the merchandise sold was $33,200 April 8, received check from Brown Company.  April 30, purchased merchandise for cash $90,000. May 1, sold merchandise on account to Empire Company for $27,500, 2/15, n/30.  The cost of the merchandise sold was $16,000. May 2, Empire returned $2,000 of the merchandise to us.  The cost of the merchandise was $650. May 4, we issued Empire a credit memo for $500 because of a slight defect in one of the items May 10, we received a check from Empire Company

  1. Record the necessary journal entries.

April 2, Sold merchandise on account to Brown Company for $18,900, 1/10, n/30.  The cost of the merchandise sold was $13,300.

April 9, Sold merchandise for cash for $55,400.  The cost of the merchandise sold was $33,200

April 8, received check from Brown Company. 

April 30, purchased merchandise for cash $90,000.

May 1, sold merchandise on account to Empire Company for $27,500, 2/15, n/30.  The cost of the merchandise sold was $16,000.

May 2, Empire returned $2,000 of the merchandise to us.  The cost of the merchandise was $650.

May 4, we issued Empire a credit memo for $500 because of a slight defect in one of the items

May 10, we received a check from Empire Company

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