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This information relates to Sandhill Co.. 1. On April 5, purchased merchandise from Carla Vista Company for $25,400, terms 2/10, n/30. 2. On April 6,

This information relates to Sandhill Co..

1. On April 5, purchased merchandise from Carla Vista Company for $25,400, terms 2/10, n/30.
2. On April 6, paid freight costs of $660 on merchandise purchased from Carla Vista Company.
3. On April 7, purchased equipment on account for $32,900.
4. On April 8, returned $3,700 of April 5 merchandise to Carla Vista Company.
5. On April 15, paid the amount due to Carla Vista Company in full.

(a) Prepare the journal entries to record the transactions listed above on Sandhill Co.s books. Sandhill 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.

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

2.

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

3.

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

4.

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

5.

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

(b) Assume that Sandhill Co. paid the balance due to Carla Vista 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

choose a transaction date April 5April 6April 7April 8April 15May 4

enter an account title

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