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This information relates to Teal Mountain Co. 1. On April 5, purchased merchandise on account from Sandhill Company for $25,100, terms 2/10,n/30. 2. On April

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This information relates to Teal Mountain Co. 1. On April 5, purchased merchandise on account from Sandhill Company for $25,100, terms 2/10,n/30. 2. On April 6, paid freight costs of $640 on merchandise purchased from Sandhill. 3. On April 7, purchased equipment on account for $32,900. 4. On April 8, returned $4,800 of April 5 merchandise to Sandhill Company. 5. On April 15, paid the amount due to Sandhill Company in full. Date Account Titles and Explanation Debit Credit April 5: Invntory. Accounts Payable Aprilis: invertory Cash April 7 : Inventory Accounts Parable April 8 Accounts Pawable dirneivitosy April 15: Accounts Pawhis 474136 Irwerntory 14664 Assume that Teal Mountain Co. paid the balance due to Sandhill 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 O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)

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