Prepare the journal entries to record the following transactions for a retail store.

May	11	The retail store purchased merchandise for AED 90,000 on credit From Al-Waleed Company.
	15	The retail store returns AED15,000 of defective units to Al-Waleed Company.
	20	The retail store sold merchandise for AED 40,000 on account to Ahmed, the cost of the merchandise was AED 38,000.
	27	The retail store paid for the purchases of May, 11.