2. Vision Lighting Company buys lighting equipment from wholesalers and sells them in their stores across Dhaka, extending credit terms of 2/20, n/60 to all of their customers. During the month of December 2019, the following transactions took place. December 4 Purchased lamps and bulbs from Hollow Years Co. on account worth $2,000, FOB Shipping Point, terms 2/10,n/30. December 6 The appropriate party paid for the freight cost of $100 in cash on the December 5 transaction. December 8 Received credit from Hollow Years Co. for merchandise returned $200. December 10 Sold merchandise on account to Pink Floyd Ltd. of $3,000. The merchandise sold had a cost value of $1,200. December 12 Purchased 10 chandeliers on account from Galaxy Stars, each costing $50, terms 1/10, n/30. December 14 Paid Hollow Years Co. in full. December 22 Received credit from Galaxy Stars for 2 chandeliers returned. December 23 Made cash sales of $600. The cost of the merchandise sold was $350. December 24 Granted Pink Floyd Co. $120 credit for damaged lamps returned with scrap value of $20. December 30 Received payments in full from Pink Floyd Co. Instructions: Journalize the transactions for the month of December 2019 for Vision Lighting Co. Ltd using the Perpetual Inventory System (20 marks)