Journalize 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 $42,700 of merchandise from Schell Co. on account, terms 1/10, n/30.
B.	Paid the amount owed on the invoice.
C.	Discovered that merchandise with an invoice amount of $8,000 purchased in (a) was defective and returned items, receiving credit.
D.	Purchased $6,100 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).