Answer April15 and May4

Kimmel, Financial Accounting, 8 Gradebook ORION Downloadeble Textbook Exercise S-1 This information relates to Crane Co... 1. On April 5, purchased merchandise from Sheridan Company for $26,800, terms 2/10, n/3o. 2 On April 6, paid freight costs of $620 on merchandise purchased from Sheridan Company. 3. On April 7, purchased equipment on account for $34,400. 4. On April 8, returned $4,900 of Aprili s merchandise to Sheridan Company 5. On April 15, pald the amount due to Sheridan Company in full Prepare the journal entries to record the transactions listed above on Crane Co.'s books. Crane Co. uses a perpetual inventory system. (f no entry is titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Re in the problem.) No. Date Account Titles and Explanation ccounts Paryabie 0 F6 2 3 4