Exercise 5-02 a-b (Part Level Submission)

Information related to Pina Colada Corp. is presented below.

1.		On April 5, purchased merchandise on account from Flint Company for $33,500, terms 2/10, net/30, FOB shipping point.
2.		On April 6, paid freight costs of $910 on merchandise purchased from Flint.
3.		On April 7, purchased equipment on account for $44,400.
4.		On April 8, returned damaged merchandise to Flint Company and was granted a $5,700 credit for returned merchandise.
5.		On April 15, paid the amount due to Flint Company in full.

(a)

Prepare the journal entries to record these transactions on the books of Pina Colada Corp. 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 0 for the amounts.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	April 5April 6April 7April 8April 15May 4
2.	April 5April 6April 7April 8April 15May 4
3.	April 5April 6April 7April 8April 15May 4
4.	April 5April 6April 7April 8April 15May 4
5.	April 5April 6April 7April 8April 15May 4