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Journal Entries for Merchandise Transactions on Seller's and Buyer's Books - Perpetual System The following are selected transactions for Candello, Inc., during the month of

Journal Entries for Merchandise Transactions on Seller's and Buyer's Books-Perpetual System
The following are selected transactions for Candello, Inc., during the month of June:
\table[[June,18,Sold and shipped on account to Dante Company, $12,000( $11,000 cost) of merchandise, with terms of 210,n30.],[25,Dante Company returned merchandise billed at $1,200 on June cost.),],[,27,Received from Dante Company a check for full settlement of the June 21 transaction.]]
Required
Prepare the necessary journal entries for (a) Candello, Inc., and (b) Dante Company. Both companies use the perpetual inventory system.
Seller's Journal Entries
Buyer's Journal Entries
\table[[\table[[DANTE COMPANY GENERAL JOURNAL],[Description]],Debit,Credit],[June,18,Inventory,hat(),0,0],[,,Accounts payable,hat(),0,0],[,,Purchased merchan,//30.,,],[,25,Accounts payable,hat(),0,0],[,,Cash,hat(),0,0],[,,Returned merchand,,,],[,27,,hat(v),0,0],[+,,,hat(),0,0],[,,Cash,,0,0],[,,Paid amount due to,,,]]
Please answer all parts of the question.
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