Journalize entries for the following related transactions of Lily Heating & Air Company. Refer to the Chart of Accounts for exact wording of account hitles. 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 $7,600 of the merchandise purchased in (A) was detective and returned items, receiving credit. D. Purchased $5.900 of merchandise from Scholl Co. on account, terms 130 E. Received a refund from Schell Co. for return in (C) less the purchase in (D). Journalize entries for the transactions of Lily Heating & Air Company Refer to the Chart of Accounts for exact wording of accounts. For grading purposes use December 31 as the date for all transactions PAGE 10 JOURIJAL ACCOUNTING EQUATION DATE DOCUPTION POSTRE 1 cran CHET ASSETS EQUITY 192 Store Equipment 105 Accumulated Depreciation Store Equipment 194 Office Event 195 Acumulated Depreciation Orice Equipment 525 Depreciation Expense-Office Equipment 531 Rent Expense 833 Thurance Expert 834 Store Supplies Expense 535 Ofice Supplies Expense