Tulsa Ltd is a growing business buying and selling Computers at Silicon Shire. The following are the transactions of Tulsa Ltd for the month of December.

Dec 1 Purchased computers at the cost of $60,000 on account.

Dec 2 Paid freight on 1 December purchases $300

Dec 7 Returned damaged computers purchased on December 1 costing $8,000.

Dec 10 Sold computers costing $20,000 on account to Little Scribblers, terms 2/10, n/30. The cost of the computers is $16,000.

Dec 17 Received payment from Little Scribblers in full settlement of sales on Dec 10.

Assuming the following:

Tulsa Ltd and Little Scribblers use a perpetual inventory system and

No business is registered for GST.

Required:

Record the above transactions in the general journal of:

a) Tulsa Ltd (6.5 marks)

b) Little Scribblers (2.5 marks)

Narrations are not required.