This information relates to Sherper Co.

1.		On April 5 purchased merchandise from Newport Company for $22,000, terms 2/10, n/30.
2.		On April 6 paid freight costs of $900 on merchandise purchased from Newport.
3		On April 7 purchased equipment on account for $26,000.
4.		On April 8 returned some of April 5 merchandise to Newport Company which cost $3,600.
5.		On April 15 paid the amount due to Newport Company in full.

Prepare the journal entries to record the transactions listed above on the books of Sherper Co. Sherper Co. uses a perpetual inventory system.

Assume that Sherper Co. paid the balance due to Newport Company on May 4 instead of April 15. Prepare the journal entry to record this payment.