This information relates to Wildhorse Co..

1.		On April 5, purchased merchandise from Sandhill Company for $27,400, terms 3/10, n/30.
2.		On April 6, paid freight costs of $740 on merchandise purchased from Sandhill Company.
3.		On April 7, purchased equipment on account for $31,200.
4.		On April 8, returned $5,200 of April 5 merchandise to Sandhill Company.
5.		On April 15, paid the amount due to Sandhill Company in full.

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

(b) Assume that Wildhorse 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 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.)