Information related to Skysong, Inc. is presented below. On April 5, purchased merchandise on...

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Accounting

Information related to Skysong, Inc. is presented below.
On April 5, purchased merchandise on account from Riverbed Company for $27,500, terms 210, net/30, FOB shipping point.
On April 6, paid freight costs of $800 on merchandise purchased from Riverbed.
On April 7, purchased equipment on account for $30,400.
On April 8, returned $3,300 of merchandise to Riverbed Company.
On April 15, paid the amount due to Riverbed Company full.
(a)
Prepare the journal entries to record these transactions on the books of Skysong, Inc. under a perpetual inventory system. (Credit
account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the
account titles and enter O for the amounts.)
No.
Account Titles and Explanation
Debit
Credit
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