My Sites My Library IT Support - Useful Links - Mahara of Balloons Factory Pty Ltd supplies balloons to the public. The following four (4) transactions took place during the month of April 2021 1. Balloons Factory Pty Ltd purchased $16,600 worth of balloons on credit from Balloons Warehouse Pty Ltd, terms 200, 1/30, DOP Australia. Freight cost was $200. 2. Balloons Factory Pty Ltd sold $2,500 worth of balloons to the local party supplies business, terms 2/10, 1/30, DDP Australia, 5100, 3. Balloons Factory Pty collected cash from the sale in transaction 2. The local party supplies business paid the invoice within 10 days as per the credit terms. 4. Balloons Factory Pty Ltd returned $1,500 worth of balloons purchased in transaction 1. Required: Using the periodic Inventory system, record the above transactions in the general journal of Balloons Factory Pty Ltd. Narrations are not required. (12 marks) A B 1 Balloons Factory Py Ltd General Journal Particulars Dr Cr