please complete all 16 journal entries

Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and the gross method. August 1 Purchased merchandise from Aron Conpany for $5,000 under eredit terms of 1/10, n/30, FoB destination, invoice dated August 1 . August 5 Sold merehandise to Baird Corporation for $3,500 under credit terms of 2/10, n/60, FoB destination, involce dated August 5 . The merchandise had cost $2,000. August 8 Purchased merchandise from Waters Corporation for $4,000 under credit terms of 1/10, n/45, FoB shipping point, invoice dated August 8 . August 9 Paid $130 cash for shipping charges related to the August 5 sale to Baird Corporation. August 10 Baird returned merchandise from the Auqust 5 sale that had cost Lowe's $500 and was sold for $1,000. The merchandise was restored to inventory. August 12 After negotiations with Waters Corporation concerning problems with the purchases on August 8 , Lowe's received a price reduction trom Waters of $400 oft the $4,000 of goods purchased. Lowe's debited accounts payable for $00. August 14 At Aron's request, Lowe's paid $450 cash for freight eharges on the August 1 purehase, redueing the anount owed (accounts payablo) to Aron. August 15 Received balance due from Baird Corporation for the August 5 sale less the return on August 10 . August 18 Paid the amount due Waters Corporation for the August 8 purchase less the price allowance from August 12. Auqust 19 Sold merchandise to Tux Company for $3,000 under eredit terms of n/10, FoB shipping point, invoice dated August 19. The merehandise had cost $1,500. Auqust 22 Tux requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Lowe's qave a price reduction (allowance) of $500 to Tux and credited rux's accounta receivable for that amount. August 29 Received Tux's cash payment for the anount due from the August 19 sale less the price allowance from August 22 . August 30 Paid Aron Company the amount due from the August 1 purchase. 1/10,n/30,FOB destination, involce dated August 1. Journal entry worksheet $400 off the $4,000 of goods purchased. Lowe's debited accounts payable for $400. Note: Enter debits before credits