Information related to Harwick Co. is presented below.

A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.

B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.

1.	On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2.	On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3.	On April 7, purchased equipment on account for $26,000.
4.	On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5.	On April 15, paid the amount due to Botham Company in full.

E5-2	General Journal
Date	Account Titles				Debit	Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4