Apr. 2 Purchased merchandise from Lyon Company under the following terms: S4,000 price, invoice dated April 2, credit terms of 2/15, n/60, and FOB shipping point.

Apr. 2 Purchased merchandise from Lyon Company under the following terms: S4,000 price, invoice
dated April 2, credit terms of 2/15, n/60, and FOB shipping point.
3 Paid S224 for shipping charges on the April 2 purchase.
4 Returned to Lyon Company unacceptable merchandise that had an invoice price of S900.
17 Sent a check to Lyon Company for the April 2 purchase. net of the discount and the returned
merchandise.
18 Purchased merchandise from Frist Corp. under the following terms: $8,450 price, invoice
dated April 18, credit terms of 2/10, n/30, and FOB destination.
21 After negotiations, received from Frist a $2,366 allowance on the April 18 purchase.
28 Sent check to Frist paying for the April 18 purchase. net of the discount and allowance.

Prepare journal entries to record the above transactions for a retail store. Assume a perpetual inventory
system.