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inventory system. of no entry is required, select No Entry for the occount titles and enter Ofor the amounts. Credit occount titles are outomatically indented

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inventory system. of no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts. Credit occount titles are outomatically indented when amount is entered. Do not indent manualk. Recond journal entries in the onder presented in the problem. Lit all debit entries before credit entries. Assume that Shamrock Co, paid the balance due to Pharoah Company on Myy 4 instead of April 15. Prepare the journal entry to record this paryment. (ff no entry is required, seiect 'No Entry' for the occount titles and enter Ofor the amounts Creclit occount titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries) This information relates to Shamrock Co. 1. OnApril 5, purchased merchandise on accoune from Pharoah Company for $26,000, terms 2/10, n20 2. On April 6, paid freight costs of \$5S0 on merchandise purchased from Pharoah 3. OnAprit 7, purchased equipment on account for $30700. 4. OnApril 8, returned \$\$,500 of Aprit 5 merchandise to Pharoah Company. 5. On Atoril 15, paid the amount due to Ptaroah Compary in fult (a) Vour aname bronrest. Propare the journal eneries to record the trimactions listed above on Shamrock Cos books, shanrock Co viles a perpetwal al debit entries befove tredit monies

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