Respuesta :
Answer and Explanation:
The journal entries are shown below:
On April 5
Purchase Dr $1,695
To account payable $1,695
(Being purchase on account is recorded)
On April 7
Freight in Dr $90
To cash $90
(being cash paid is recorded)
On April 9
Account payable Dr $395
To Purchase return & allowances $395
(being received the credit on returned)
On April 10
Account receivable Dr $1,514
To Sales $1,514
(being merchandise sold on credit)
On April 12
Purchase Dr $938
To account payable $938
(Being purchase on account is recorded)
On April 14
Account payable $1,300
To Cash $1,261
To Purchase discount $39
(being cash paid)
On April 17
Account payable Dr $138
To Purchase return & allowances $138
(being received the credit on returned)
On April 20
Account receivable Dr $915
To Sales $915
(being merchandise sold on credit)
On APril 21
Account payable $800
To Cash $784
To Purchase discount $16
(being cash paid)
On April 27
Sales returns & allowances $90
To account receivable $90
(Being credit granted is recorded)
On April 30
Cash Dr 1,379
To account receivable $1,379
(being cash received is recorded)
