The following transactions occurred in April and May. Both companies use a perpetual inventory system. Apr. 5 Oriole Company purchased merchandise from Pharoah Company for $12,400, terms 2/10, n/30, FOB shippine point. Pharoah had paid $9,000 for the merchandise. 6 The correct company paid freight costs of $380 8 Oriole Company returned damaged merchandise to Pharoah Company and was given a purchase allowance of 51,900 : Pharoah determined the merchandise could not be repaired and sent it to the recyclers. The merchandise had cost Pharoah \$1,379. May 4 Oriole paid the amount due to Pharoah Company in full. Prepare the journal entries to record the above transactions for Oriole Company. (Credit occount tities are outomaticaliy indented When the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter ofor the amounts, Record journal entries in the order presented in the problem. List all debit entries before credit entries.)