Journalize the following transactions for both ABC Co. (seller) and DEFCo. (buyer).

Mar 3 ABC Co.sold merchandise on account to DEF Co., $6,000, terms FOB shipping point, net/eom.The cost of the merchandise sold was $2,700.

Mar 5 DEF Co. paid $375 transportation charges on purchase from ABC Co.

Mar 9 ABC Co. issued DEF Co. a credit memo for merchandise returned, $1,000.

The cost of the merchandise returned was $220.

Mar 11 ABC Co. received payment from DEF Co. for purchase of Mar 3.