This information relates to Oriole Co.

1.		On April 5, purchased merchandise from Ivanhoe Company for $31,400 on account.
2.		On April 7, purchased equipment on account for $33,000.
3.		On April 8, returned $4,300 of April 5 merchandise to Ivanhoe Company.
4.		On April 15, paid the amount due to Ivanhoe Company in full.

Prepare a tabular summary to record the transactions listed above for Oriole Co. using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

				Assets					=	Liabilities	+	Stockholders' Equity
														Retained Earnings
				Cash	+	Inv.	+	Equipment	=	Accts. Pay.	+	Common Stock	+	Rev.	-	Exp.
April		5		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount ?		$enter a dollar amount?		$