This information relates to Pharoah Co. 1 On April 5, purchased merchandise from Cullumber Company for $26,000, terms 3/10, 1/30. On April 6, paid freight costs of $550 on merchandise purchased from Cullumber Company On April 7, purchased equipment on account for $30,700. On April 8, returned $5,500 of April 5 merchandise ti e to Cullumber Company On April 15, paid the amount due to Challumber Company in full. 2 3 la) Prepare the journal entries to record the transactions listed above on Pharoah Co's books. Pharoah Co. uses a perpetual inventory system. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) No. Date Account Titles and Explanation Debit Credit 1 2 4 Assume that Pharoah Co. paid the balance due to Cullumber Company on May 4 instead of April 15. Prepare the journal entry to record this payment. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit