Question 3 The following are selected transactions of Diesel, Inc.: Diesel sold and shipped on account to Macy, Inc. merchandise for $25,000, 10-May with a cost of $16.250. Shipping costs of $2.000 were paid. The terms of the sale were FOB 12-May Destination. Macy, Inc. returned merchandise billed at $1,200 on May 16, with a cost of 16-May $780. 24-May Received a check from Macy, Inc. for full settlement of the May 10 transaction. Record the above transactions in general journal form as they would appear on the books of (a) Diesel, Inc. and (b) Macy, Inc. Both companies use the perpetual inventory system. Omit explanations for the journal entries. Diesel's Books