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PROBLEMS-SETA Entries for Merchandise Transactions on Seller's and Buyer's Books-Perpetual System L02, 3 The following transactions occurred between the Decker Company and Mann St Mar.

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PROBLEMS-SETA Entries for Merchandise Transactions on Seller's and Buyer's Books-Perpetual System L02, 3 The following transactions occurred between the Decker Company and Mann St Mar. 8 Decker sold $14,000 worth of merchandise ($9.600 cost) to Mann Stores with terms of ores, Inc., during March: 2/10, n/30. 10 Mann Stores paid freight charges on the shipment from Decker Company, s500 12 Mann Stores returned $2.000 of the merchandise ($1,600 cost) shipped on March 8. 17 Decker received full payment for the net amount due from the March 8 sale. 20 Mann Stores returned goods that had been billed originally at $800 (S600 cost). Decker issued a check for $784. Required Prepare the necessary journal entries for (a) the books of Decker Company and (b) the books of Mann Stores, Inc. Assume that both companies use the perpetual inventory system

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