This information relates to Cheyenne Co. 1. On April 5, purchased merchandise from Sheffield Company for $29,000, on account, terms 2/10, net/30. 2 On April 6, paid freight costs of $1,160 on merchandise purchased from Sheffield Company. 3. On April 7, purchased equipment on account for $31,800. 4. On April 8, returned $3,300 of the April 5 merchandise, to Sheffield Company. 5. On April 15, paid the amount due to Sheffield Company in full. Prepare the journal entries to record these transactions on the books of Cheyenne Co. using a periodic 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 0 for the amounts.) No. Date Account Titles and Explanation 1 2. 3. 5. eTextbook and Media List of Accounts Debit Credit Textbook and media List of Accounts Assume that Cheyenne Co. paid the balance due to Sheffield Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (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.) Date Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit