This information relates to Sheridan Co$.$

$1.$ On April $5,$ purchased merchandise from Cheyenne Company for $$25,900$ on account, terms $3/10,$ net$/30,$ FOB shipping point.

$2.$ On April $6,$ paid freight costs of $$930$ on merchandise purchased from Cheyenne Company.

$3.$ On April $7,$ purchased equipment on account for $$34,100.$

$4.$ On April $8,$ returned $$2,900$ of the April $5$ merchandise to Cheyenne Company.

$5.$ On April $15,$ paid the amount due to Cheyenne Company in full.

$($a$)$

Prepare the journal entries to record these transactions on the books of Sheridan Co$.$ using a periodic inventory system