Suppose BigGuy Toys buys $ $121800$ worth of PegaBlock toys on credit terms of $4/10,$n$/30.$ Some of the goods are damaged in$$ shipment, so BigGuy Toys returns $ $12130$ of the merchandise to PegaBlock. The business uses a perpetual inventory system. All amounts are inclusive of GST at the rate of$10\%.$

Requirements

$1.$

Journalise the following$$ transactions:

a$.$ Purchase of the goods on $8$ March $2016.$

b$.$ Return of the damaged goods on $12$ March $2016.$

c$.$ Payment on $15$ March $2016.$

$2.$

What is the final balance of BigGuy Toys inventory$$ account?