Journalize entries for the following related transactions of Lily Heating & Air Company. Refer to the Chart of Accounts for exact wording of accounties A Purchased $48,400 of merchandise from Schell Co on account, terms 1/10, 1/30 B. Paid the amount owed on the invoice within the discount period c. Discovered that 57600 of the merchandise purchased in (A) was defective and returned items, receiving credit D. Purchased 55.900 of merchandise from Schell Co on account, terms 1/30 E. Received a refund from Schell Co.for return in (C) less the purchase in (D)