Information related to Skysong, Inc. is presented below.
On April purchased merchandise on account from Riverbed Company for $ terms net FOB shipping point.
On April paid freight costs of $ on merchandise purchased from Riverbed.
On April purchased equipment on account for $
On April returned $ of merchandise to Riverbed Company.
On April paid the amount due to Riverbed Company full.
a
Prepare the journal entries to record these transactions on the books of Skysong, Inc. 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 O for the amounts.
No
Account Titles and Explanation
Debit
Credit