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16 Required information The following information applies to the questions displayed below! Parte 1 On October 1: the Business Students' Society (BSS) placed an order for 100 golf shirts at a un cost of $30. under te 2/10, n/30 b. The order was received on October 10, but some golf shirts differed from what had been ordered. Uncertain whether the shirts would be returned or kept, es decided to record any purchase discount only when taken (using the grous method c On October 11, 40 golf shirts were returned to the supplier On October 12, B55 complained the remaining golf shirts were slightly defective to the supplier granted a $100 allowance BSS paid for the golf shirts on October 13 During the first week of October BSS received student and faculty orders for 90 golf shirts at a unit price of $63. on terms 2/10, 1/30 g. The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, so BSS permitted them to be returned or given an allowance see hand Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when taken using the is method) n On October 19, one-half of the golf shirts were returned by customers to BSS On October 20. an allowance was given on account equal to 51500 per shirt for the remaining 45 shirts The customers paid their remaining balances on the last day of the month October 31 No further returns are expected Required: 1. For each of the events (a) through indicate the amount and direction of the effect for increase--for decrease) (Enter any decreases to account balances with a minus sign)