Current Attempt in Progress Information related to Marigold Corp. is presented below. 1 2. 3. 4. 5. On April 5, purchased merchandise on account from Sheffield Company for $27,600, terms 2/10, net/30, FOB shipping point On April 6, paid freight costs of $500 on merchandise purchased from Sheffield. On April 7, purchased equipment on account for $31,200. On April 8, returned $3,600 of merchandise to Sheffield Company On April 15, paid the amount due to Sheffield Company in full. (a) Prepare the journal entries to record these transactions on the books of Marigold Corp, under a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Date Account Titles and Explanation Debit Credit 1 2 . Prepare the journal entries to record these transactions on the books of Marigold Corp. under a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Date Account Titles and Explanation Debit Credit 1 2. 3. 4. 5