Information related to Marley, Inc. is presented below 1 On April 5, purchased merchandise on account from Arnold Company for $41,700, 2. 3. 4. terms 2/1O, net/30, FOB shipping point. On April 6, paid freight costs of $790 on merchandise purchased from Arnold. On April 8, returned damaged merchandise to Arnold Company and was granted a $5,700 credit for returned merchandise. On April 15, paid the amount due to Arnold Company in full. A. Prepare the journal entries to record these transactions on the books of Marley, Inc perpetual inventory system. under a Date 4/5 Accounts Debit Credit 4/6 4/8 4/15 B. Prepare separate entries for each transaction for Arnold Company. The merchandise purchased by Marley, Inc. on April 5 had cost Arnold $27,105. The value of merchandise returned was $3,705. Debit Credit Date 4/5 Accounts 4/6 4/8 4/15