Exercise 6-1 This information relates to Wildhorse Co 1 On April 5, purchased merchandise from Sandhill Company for $25,100 on account. 2. On April 7, purchased equipment on account for $32,500 3. On April 3, returmed $3,600 of April 5 merchandise to Sandhill Company. 4. On April 15, paid the amount due to Sandhill Company in full Prepare ? tabular summary to record the transactions parentheses e.g. (45).) sted above for Rice Co. using a perpetual inventory system. (Enter negative amounts using either a negative sign prece ing the number c 45 or Assets Liabilities Stockholders' Equity Retained Earnings Exp Cash +Equipment- Accts. Pay. +Common Stock Rev April 5 s 15