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Purchase-Related Transactions Journaluze entries for the following related transactions of Lily Hesting a Air Company: (If an amount box does not require an entry, leave

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Purchase-Related Transactions Journaluze entries for the following related transactions of Lily Hesting a Air Company: (If an amount box does not require an entry, leave it bienki) a. Purchased 531,000 of merchandise from 5 cheti Co, an account, terms 1/20, n/20. b. Pald the amount owed an the involce within the discount period. c. Discovered that merchandise with an involce amount of 56,200 purchnsed in (a) was defective and retumnd itnms, reciving credit. d. Purchased $5,000 of merchandise from Scheli Co. on account, terms n/30. e. Recelved a refund from Scheil Co. for return in (c) less the purchase in (d)

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