HAPTER 5 HOMEWORK WITH VIDEO ASSISTANCE Question 4 of 4 Current Attempt in Progress This information relates to Whispering Winds Co. 1. 2. 3. 4. 5. (a) No. On April 5, purchased merchandise from Marigold Company for $23,000, on account, terms 3/10, net/30, FOB shipping point. On April 6, paid freight costs of $1,280 merchandise purchased from Marigold Company. On April 7, purchased equipment on account for $35,500. On April 8, returned $4,300 of the April 5 merchandise to Marigold Company. On April 15, paid the amount due to Marigold Company in full. Prepare the journal entries to record these transactions on the books of Whispering Winds Co. using a periodic 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 O for the amounts.) Date -/6 = Account Titles and Explanation Debit Credit

This information relates to Whispering Winds CO. 1. On April 5, purchased merchandise from Marigold Company for $23,000, on account, terms 3/10, net/30, FOB shipping point. 2. On April 6, paid freight costs of $1,280 wi merchandise purchased from Marigold Company. 3. On April 7, purchased equipment on account for $35,500. 4. On April 8 , returned $4,300 of the April 5 merchandise to Marigold Company. 5. On April 15, paid the amount due to Marigold Company in full: (a) Prepare the journal entries to record these transactions on the books of Whispering Winds Co. using a periodic inventory system. (Credit occount tities 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 Ofor the amounts.)