Illustrate the effects on the accounts and financial statements of the following related transactions of Bigsur Inc. If no account or activity is affected, select "No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts.

a. Purchased $180,000 of merchandise from Central Coast Co. on account, terms n/30.

b. Paid the amount owed on the invoice within the credit period.

c. Discovered that $25,000 of the merchandise was defective and returned items, receiving credit.

d. Purchased $13,500 of merchandise from Central Coast Co. on account, terms n/30.

e.Received a check from Central Coast Co. for the balance owed from the return in (c), after deducting for the purchase in (d).

b. Paid the amount owed on the invoice within the credit period. c. Discovered that $25,000 of the merchandise was defective and returned items, receiving credit. d. Purchased $13,500 of merchandise from Central Coast Co. on account, terms n/30