Question 1 This information relates to Ivanhoe Co.. 1. 2. 3. 4. 5. On April S, purchased merchandise from Pharoah On April 6, paid freight costs of $540 on merchandise purchased from Pharoah Company On April 7, purchased equipment on account for $30,500. On Apri 8, returned $3,900 of Apnil 5 merchandise to Pharoah Company. On April 15, paid the amount due to Pharoah Company in full. Company for $26,200, terms 3/10, n/30. ons listed above on Ivanhoe Co. s books. Ivanhoe Co. uses a perpetual inventory system. (I no entry is required, select "No Entry for the account titles and enter 0 for the amounts. Credit entries in the order presented in the problem.) the amounts. Credit account titles are automatically indented when amount is entered. De not indent manually. Record journal are No. Date Account Titles and Explanation Debit Credit 1. 2. 3. 5