Journalise entries for the following related transaction, assuming that Fairways N Greens uses the periodic inventory system.
a. purchased $7000 of goods from Bishan Equipment on account, terms 2/10, n/30.
b. Discorvered that some of goods were defective and returned items with an invoice price of $1000, receiving credit.
c. Paid the amount owed on the invoiced within the discount period
d. Purchased $4000 of goods from Precision Golf, on account, terms 1/10,n/30.
e. Paid the amount owed on the invoice within the discount period