Tube Brief Exercise 5-5 FULL SCREEN PRINTER VERSION RACK NEXT Prepare the journal entries to record the following purchase transactions in Pharoah Company's books. Pharoah uses a perpetual inventory system. Mar. 12 13 14 21 Pharoah purchased $16,000 of merchandise from Dalibor Company, terms 2/10, n/30, FOB destination. The correct company paid freight costs of $165. Pharoah returned $2,600 of the merchandise purchased on March 12 because it was damaged. Pharoah paid the balance owing to Dalibor, (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Show all Skegby Rd (1).m4a ENG 11:19 PM 2020-07.30 o RE e earch hp