This information relates to Pharoah Co..

1.		On April 5, purchased merchandise from Cullumber Company for $26,000, terms 3/10, n/30.
2.		On April 6, paid freight costs of $550 on merchandise purchased from Cullumber Company.
3.		On April 7, purchased equipment on account for $30,700.
4.		On April 8, returned $5,500 of April 5 merchandise to Cullumber Company.
5.		On April 15, paid the amount due to Cullumber Company in full.

(a) 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 0 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.	April 5April 6April 7April 8April 15May 4
2.	April 5April 6April 7April 8April 15May 4
3.	April 5April 6April 7April 8April 15May 4
4.	April 5April 6April 7April 8April 15May 4
5.	April 5April 6April 7April 8April 15May 4

(b) 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 0 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
April 5April 6April 7April 8April 15May 4