Booboo Merchandising had the following transactions in November. Prepare journal entries for these transactions assuming Booboo uses a periodic inventory system.

Nov 2 Booboo received an $18,000 invoice from one of its suppliers. Terms were 2/10 n/30, FOB shipping point. 3 Booboo paid the freight bill amounting to $2,000. 4 Booboo returned $2,500 of the merchandise billed on November 2 because it was defective. 5 Booboo sold $8,000 of merchandise on account, terms 3/15 n/30. 10 Booboo paid the invoice dated November 2, less the return and the discount. 15 A customer returned $2,500 of merchandise sold on November 5. 19 Booboo received payment on the remaining amount due from the sale of November 5, less the return and the discount.