This information relates to Teal Mountain Co$.$

On April $5,$ purchased merchandise from Sandhill Company for $$27,000,$ on account, terms $\frac{2}{10},\frac{n}{30}.$

On April $6,$ paid freight costs of $$3,000$ on merchandise purchased from Sandhill Company.

On April $7,$ purchased equipment on account for $$38,000.$

On April $8,$ returned $$4,000$ of the April $5$ merchandise to Sandhill Company.

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

$($a$)$

Prepare the journal entries to record these transactions on the books of Teal Mountain Co$.$ using a periodic inventory system. $($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.$)$

$($b$)$ 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.$)$