One Price Is Nice sells various types of jeans and uses a perpetual inventory system. All jeans, regardless of style, are sold for $35 per pair. Following are selected transactions of the One Price Is Nice for April 2009.
April 6 Purchased 30 pairs of style #256 jeans with terms of 2/10, n/30; the per-unit cast was $22.
April 9 Returned 10 pairs of the #256 jeans purchased on April 6 due to fabric flaws.
April 13 Sold two pairs of style #321 jeans for cash; the per-unit cost of the jeans was $21.
April 16 Paid amount due to the supplier for jeans purchased on April 6.
April 17 Purchased 12 pairs of style #157 jeans with terms of 2/10, n/30; the per-unit cost was $18.
April 20 Sold one pair of #155 jeans on credit; the cost of this pair was $24.
April 21 A customer returned a pair of style #808 jeans because it was the wrong size; the jeans, which cost $20, were returned to inventory.
April 27 Sold two pairs of style &101 jeans on credit; the per-unit cost of jeans was $17.
April 27 Paid amount due to the supplier for jeans purchased on April 17.
Prepare the journal entries necessary to record these transactions for One Price Is Nice.