Periodic Inventory Journal Entries $-$ Using a periodic inventory system, prepare the journal entries to record the transactions using the journal paper provided. YOU DO NOT HAVE TO INCLUDE HST$.$

On October $1,$ Mr$.$ Ki's Bicycle Store had an inventory of $10$ ten speed bicycles at a cost of $$150$ each. During the month of October the following transactions occurred.

Oct. $3$ Purchased $20$ bicycles at a cost of $$175$ each from the Lyons Bicycle Company, terms n$/30.$

$6$ Sold $20$ bicycles to Team Canada for $$250$ each, terms n$/30.$

$7$ Received credit from the Lyons Bicycle Company for the return of $2$ defective bicycles.

$13$ Issued a credit to Team Canada for the return of a defective bicycle.

$19$ Purchased $10$ bicycles from Huffy Bicycle Company at a cost of $$125$ each, terms n$/30.$

$20$ Paid freight of $$60$ on the October $19$ purchase.

$22$ Purchased $5$ bicycles from Phoenix Bicycle Manufacturing at a cost of $$110$ each.

$25$ Sold $5$ bicycles to Maggie Madonna for $$200$ each.

$26$ Received a refund from Phoenix Bicycle company for the return of a bicycle that was the wrong colour.

$28$ Issued a refund to Maggie Madonna for the return of a bicycle that was too small.