1 2 This information relates to Larkspur Co. On April 5, purchased merchandise from Crane Company for $26.000, terms 3/10, 1/30 On April 6, paid freight costs of $520 on merchandise purchased from Crane On April 7, purchased equipment on account for $31.400. On April 3, returned 54,100 of April 5 merchandise to Crane Company On April 15, paid the amount due to Crane Company In tull 3 4 5 (a) Prepare the journal entries to record the transactions listed above on Larkspur Co's books Larkspur Couses a perpetual inventory system. (If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit 1 2 {) Assume that Larkspur Co. paid the balance due to Crane Company on May 4 instead of April 15. Prepare the journal entry to record this payment. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered Do not indent manually.) Debit Credit Date Account Titles and Explanation May 4