This information relates to Alfie Co 1.

On April 5, purchased merchandise from Bach Company for $27,000, terms 2/10, n/30. 2.

On April 6, paid freight costs of $1,200 on merchandise purchased from Bach Company. 3.

On April 7, purchased equipment on account for $30,000. 4.

On April 8, returned some of the April 5 merchandise to Bach Company, which cost

$3,600. 5.

On April 15, paid the amount due to Bach Company in full.

Instructions

(a) Prepare the journal entries to record these transactions on the books of Alfie Co. using a periodic inventory system.

(b) Assume that Alfie Co. paid the balance due to Bach Company on May 4 instead of April 15.

Prepare the journal entry to record this payment.