This is a very important assignment. I want to get 100 poinnts.

Question 1) Siogo Shoes has the following transactions in February: Feb 5 Siogo Shoes purchased 100 pairs of shoes at the price of $50 each pair on account, terms 5/10, n/30. Feb 8 Sole Mates returned 20 pairs of shoes to the seller because they were the wrong size. Feb 15 Sole Mates paid the remaining balance due to Siogo Shoes, Required: Assuming Siego Shoes uses perpetual inventory system and gross method, please journalize the transactions, (15 points) Assuming Siego Shoes uses perpetual inventory system and net method, please journalize the transactions the transactions. (15 points)