This information relates to Windsor Co. 1. On April 5, purchased merchandise on account from Wildhorse...

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This information relates to Windsor Co. 1. On April 5, purchased merchandise on account from Wildhorse Company for $25,100, terms 2/10, n/30. 2. On April 6, paid freight costs of $530 on merchandise purchased from Wildhorse. 3. On April 7, purchased equipment on account for $32,500. 4. On April 8, returned $3,600 of April 5 merchandise to Wildhorse Company. 5. On April 15, paid the amount due to Wildhorse Company in full. (a) Your answer is correct. Prepare the journal entries to record the transactions listed above on Windsor Co's books. Windsor Co. uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O 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. List all debit entries before credit entries.) (b) Date Account Titles and Explanation April 5 Inventory Accounts Payable April 6 Inventory Cash April 7 Equipment Accounts Payable April 8 Accounts Payable Inventory Debit 25,100 530 32,500 3,600 April 15 Accounts Payable 21,500 Inventory Cash eTextbook and Media List of Accounts Credit Attempts: unlimited Assume that Windsor Co. paid the balance due to Wildhorse 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 O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit This information relates to Windsor Co. 1. On April 5, purchased merchandise on account from Wildhorse Company for $25,100, terms 2/10, n/30. 2. On April 6, paid freight costs of $530 on merchandise purchased from Wildhorse. 3. On April 7, purchased equipment on account for $32,500. 4. On April 8, returned $3,600 of April 5 merchandise to Wildhorse Company. 5. On April 15, paid the amount due to Wildhorse Company in full. (a) Your answer is correct. Prepare the journal entries to record the transactions listed above on Windsor Co's books. Windsor Co. uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O 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. List all debit entries before credit entries.) (b) Date Account Titles and Explanation April 5 Inventory Accounts Payable April 6 Inventory Cash April 7 Equipment Accounts Payable April 8 Accounts Payable Inventory Debit 25,100 530 32,500 3,600 April 15 Accounts Payable 21,500 Inventory Cash eTextbook and Media List of Accounts Credit Attempts: unlimited Assume that Windsor Co. paid the balance due to Wildhorse 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 O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit