On June 10, Sheridan Company purchased $7,850 of merchandise on account from Pronghorn Company, FOB shipping point. terms 2/10, n/30. Sheridan Company pays the freight costs of $490 on June 11. Goods totaling $650 are returned to Pronghorn for credit on June 12. On June 19, Sheridan Company pays Pronghorn Company in full, less the purchase discount. Both companies use a perpetual inventory system. (a) Prepare separate entries for each transaction on the books of Sheridan Company. (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 Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit Information related to Whispering Winds Corp. is presented below. On April 5, purchased merchandise on account from Martinez Company for $27,200, terms 2/10, net/30. FOB shipping point On April 6, paid freight costs of $900 on merchandise purchased from Martinez. 1. 2. 3. On April 7, purchased equipment on account for $29,100 4. On April 8, returned $3,400 of merchandise to Martinez Company 5. On April 15, paid the amount due to Martinez Company in full Prepare the journal entries to record these transactions on the books of Whispering Winds 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 O for the amounts) No. Date 2. Account Titles and Explanation Debit Credit In its income statement for the year ended December 31, 2022, Metlock, Inc. reported the following condensed data. Operating expenses $709.000 Interest revenue $32,000 Cost of goods sold 1,250,000 Loss on disposal of plant assets 19,000 Interest expense 73,000 Net sales 2,187,000 Other comprehensive income 8,500 (a) Prepare a multiple-step income statement. (List other revenues before other expenses) Metlock, Inc. Income Statement