Chpt 5 Homework 1. EX.05.01 2. EX.05.04 eBook Show Me How Print Item Purchase-related transactions Instructions Chart of Accounts Journal Instructions 3. EX.05.08.BLANKSHEET 4. EX.05.09.BLANKSHEET 5. EX.05.15 6. EX.05.27.BLANKSHEET Joumalize entries for the following related transactions of Lilly Heating & Air Company using the net method under a perpetual Inventory system. Refer to the Chart of Accounts for exact wording of account titles. A. Purchased $36,000 of merchandise from Schell Co. on account, terms 1/10, n/30. B. Pald the amount owed on the Invoice C. Discovered that merchandise with an invoice amount of $9,000 purchased in (a) was defective and returned items, receiving credit. < D. Purchased $5,000 of merchandise from Schell Co. on account, terms n/30. E. Received a refund from Schell Co. for return in (C) less the purchase in (D).