Jaden Sales company engaged in the following transactions for the month of September using the periodic inventory method.

Sept 1 Purchased goods from Mc Trading. Terms: 10-10, 1/20EOM, P200,000.

Sept 8 Returned 40% defective goods.

Sept 11 Cash sales, P92,000 (cost, P55,000).

Sept 14 Purchased goods from Jamie Enterprise worth P51,000. A trade discount of P10,000 was granted. Terms: 3/15, n/30.

Sept 17 Sold goods to Bret Trading on credit. Terms: 2/10, n/30, P200,000 (cost, P118,000)

Sept 18 Received returned goods from September 17 sale, P80,000 (cost, P48,000)

Sept 21 Paid Mc Trading Enterprise in full.

Sept 27 Received cash full settlement of the account from Bret Trading

Sept 28 Full settlement of account from the purchase of September 1

Sept 29 Cash purchase, P90,000, less trade discount of P5,000

REQUIRED: JOURNAL AND LEDGER