Exercise 6-1 Your answer is partially correct. Try again. This information relates to Blossom Co.. 1. 2. 3. 4. On April 5, purchased merchandise from Sunland Company for $26,200 on account. On April 7, purchased equipment on account for $34,500. On April 8, returned $3,900 of April 5 merchandise to Sunland Company. On April 15, paid the amount due to Sunland Company in full. Prepare a tabular summary to record the transactions listed above for Rice Co. using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets = Liabilities + Stockholders' Equity Retained Earnings + Rev. - Exp. Cash + Inv. + Equipment = Accts. Pay. + Common c Stock April 26200 34500 -39001 15 -26200 Click if you would like to Show Work for this question: Open Show Work