Question: Current Attempt in Progress This information relates to Sunland Co. 1. On April 5, purchased merchandise from Blossom Company for $33,200 on account. 2. On

Current Attempt in Progress This information relates to Sunland Co. 1. On April 5, purchased merchandise from Blossom Company for $33,200 on account. 2. On April 7, purchased equipment on account for $34,800. 3. On April 8, returned $4,600 of April 5 merchandise to Blossom Company. 4. On April 15, paid the amount due to Blossom Company in full. Prepare a tabular summary to record the transactions listed above for Sunland Co. using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negotive sign preceding the number eg. -45 or porentheses eg. (45).)
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