Journalize entries for the following related transactions of Lilly Heating & Air Company. 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 within the discount period.
C.	Discovered that $8,000 of the merchandise 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). Journalize entries for the transactions of Lilly Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles. For grading purposes use December 31 as the date for all transactions.

Chart of Accounts CHART OF ACCOUNTS Lilly Heating & Air Company General Ledger ASSETS REVENUE 410 Sales 110 Cash 120 Accounts Receivable 125 Notes Receivable 130 Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation-Store Equipment 194 Office Equipment 610 Rent Revenue EXPENSES 501 Cost of Goods Sol 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 531 Rent Expense 533 Insurance Expense