Question: Question 4 12 points Save Ans MK Inc. uses a perpetual inventory system. During April 2020, the following transactions occurred: Apr 3 6 Purchased $2,000

Question 4 12 points Save Ans MK Inc. uses a perpetual

Question 4 12 points Save Ans MK Inc. uses a perpetual inventory system. During April 2020, the following transactions occurred: Apr 3 6 Purchased $2,000 of merchandise, terms 3/10, n/60. Returned $300 of the merchandise purchased on April 3 Paid freight charges of $150 on goods purchased on April 3. Paid for the goods purchased on April 3. 7 12 Instructions Prepare journal entries to record the above transactions. Hint: Please use this format! Account title Debit Credit 1) XX $ XX $

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