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View Policies Current Attempt in Progress Information related to Blue Co . is presented below. On April 5 , purchased merchandise on account from Teal

View Policies
Current Attempt in Progress
Information related to Blue Co. is presented below.
On April 5, purchased merchandise on account from Teal Mountain Company for $32,800, terms 210, net/30, FOB shipping point.
On April 6, paid freight costs of $830 on merchandise purchased from Teal Mountain.
On April 7, purchased equipment on account for $42,500.
On April 8, returned $6,800 of merchandise to Teal Mountain Company.
On April 15, paid the amount due to Teal Mountain Company in full.
(a)
Prepare the journal entries to record these transactions on the books of Blue Co. under a perpetual inventory system. (List all debit entries before credit entries. Credit account tilles are automatically indented when amount is entered. Do not indent marually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Date
Account Titles and Explanation
Debit
Credit
eTextbook and Media
Assistance Used
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