2,3 20, and 24. E5-4B. Journal Entries for Merchandise Transactions on Seller's and Buyer's BooksPerpetual System The following are selected transactions of Candy, Inc., during the month of June: June 18 Sold and shipped on account to Dante Company $5,000 ($3,000 cost) of merchandise, with terms of 2/10, n/30. 25 Dante Company returned merchandise billed at $700 on June 18 ($300 cost). 27 Received from Dante Company a check for full settlement of the June 18 transaction. Required Prepare the necessary journal entries for (a) Candy, Inc., and (b) Dante Company. Both companies use the perpetual inventory system