prepare thr journal entries to record these transactions on the books of Pharoah company under a perpetual inventory system. On April $5,$ purchased merchandise on account from riverbed company for $$28\mathrm{.}800,$ terms $3/10,$ net$/30,$ FOB shipping point On april $6,$ paid freight costs of $$900$ on merchandise purchased from riverbed On april $7,$ purchased equipment on account for $$29,000$

On april $8,$ returned $$3,400$ of merchandise to riverbed company on April $15,$ paid the amount due to Riverbed company in full