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The following events happened for Lazy Furniture during the period. A) Lazy Furniture purchased 300 chairs on account for $15,000. B) The purchase was made

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The following events happened for Lazy Furniture during the period. A) Lazy Furniture purchased 300 chairs on account for $15,000. B) The purchase was made with terms FOB destination point. The shipper charged $1,000. C) Lazy Furniture made a cash sale of 20 of the chairs for a total of $4,000. D) Lazy Furniture sold 10 of the chairs on account for $2000. Record all necessary journal entries for the above events for Lazy furniture. If no entry is needed, write "No entry needed". Some events could be represented in more than one journal entry

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