Information related to Sheffield Corp. is presented below. 1. On April 5, purchased merchandise on account from Concord Company for $27,300, terms 4/10, net/30. FOB shipping point. 2. On April 6, paid freight costs of $900 on merchandise purchased from Concord. 3. On April 7. purchased equipment on account for $30,700. 4. On April 8, returned $3,700 of merchandise to Concord Company. 5. On April 15, paid the amount due to Concord Company in full. (a) Prepare the journal entries to record these transactions on the books of Shetfield 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.) (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.)