PCYC Ltd uses perpetual inventory system. The company buys tennis balls for $150 each and sells them for $200 each.

The following transactions were undertaken during the month of January 2022:

3 January Purchased 300 tennis balls on account from ABC Ltd, terms 3/10, n/30.

4 January Sold 100 tennis balls to XYZ Ltd on account, terms 2/7, n/30.

6 January Returned 20 of the tennis balls purchased on 3 January to the supplier (ABC Ltd).

9 January Received cash from XYZ Ltd in settlement of sales on 4 January.

12 January Paid the amount due to ABC Ltd.

18 January Sold 80 tennis balls on cash.

Required:

Journalise the above transactions in the books of PCYC Ltd. Ignore GST.

Narrations are not required.