a) Wildflower uses the periodic inventory method - not the perpetual method. Wildflower purchased inventory on account from Rainbow for $6,000, terms 2/10,n/30. b) Three days later Wildflower returned to Rainbow inventory that it had purchased on account (on credit) for $1,000 in the above transaction. \begin{tabular}{|c|c|c|c|c|} \hline Date & Debit account & Credit account & Debit \$ & Credit $ \\ \hline b) & & & & \\ \hline & & & & \\ \hline \end{tabular} Five days after transaction a) above, Wildflower paid the amount owing o Rainbow, net of any returns and discounts. d) Wildflower's trial balance shows equipment of $40,000 and accumulated depreciation of $10,000. The equipment has a useful life of eight years. You are to record depreciation for the year using the straight-line method. e) Wildfiower has a $15,0008% loan payable. An entry is needed to adjust for one month of interest owing. \begin{tabular}{|c|c|c|c|c|} \hline Date & Debit account & Credit account & Debit s & Credit $ \\ \hline e) & & & & \\ \hline & & & & \\ \hline & & & \\ \hline \end{tabular} f) Wildflower closed its dividends declared account of $300. \begin{tabular}{|l|l|l|l|l|} \hline f) & & & & \\ \hline & & & & \\ \hline & & & \\ \hline \end{tabular}