This information relates to Ivanhoe Co. 1. On April 5, purchased merchandise from Pharoah Company for $26,400, terms 2/10, 130 2. On April 6, paid freight costs of $2,400 on merchandise purchased from Pharoah Company 3. On April 7. purchased equipment on account for $37,400. 4. On April 8, returned some of the April 5 merchandise to Pharoah Company, which cost $4,600. 5. On April 15, paid the amount due to Pharoah Company in full (a) Prepare the journal entries to record these transactions on the books of Ivanhoe Co. using a periodic inventory system. (If no entry is required, select "No Entry for the accountitles and enter o for the amounts. Cred account tities are automatically indented when amount is entered. De not indent manually. Record journal entries in the order presented in the problem.) Assume that Ivanhoe Co. paid the balance due to Pharoah Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (If antry Entry for the account tities and enter for the amounts Credit account titles are automatically indented when amount anter. Detinent journal entries in the order presented in the problem.) required, select " a l Record Date Account Titles and Explanation Det