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CES Exercise 5-15 This information relates to Crane Co. 1. On April 5, purchased merchandise from Sheridan Company for $26,200, terms 2/10, n/30 2. On

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CES Exercise 5-15 This information relates to Crane Co. 1. On April 5, purchased merchandise from Sheridan Company for $26,200, terms 2/10, n/30 2. On April 6, paid freight costs of $2,200 on merchandise purchased from Sheridan Company. 3. On April 7, purchased equipment on account for $37,200 4. On April 8, returned some of the April 5 merchandise to Sheridan Company, which cost $4,800 5. On April 15, paid the amount due to Sheridan Company in ful MacBook Pro 5

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