The following transactions occurred between Phil's Pharm (a dairy farm) and Steve's Cream Ice Cream Parlor, during August of the current year: August 6 Steve purchased $6,000 of merchandise from Phil on credit terms of 3/10, n/30, FOB shipping point. Separately, Steve paid a $150 bill for freight in. These goods cost Phil $1,800. August 10 Steve returned $1500 of the merchandise purchased on August 6. Phil accounted for the sales return and placed the goods back in inventory (Phil 's cost $600). August 15 Steve paid the total of the invoice amount owed to Phil for the August 6 purchase Requirements 1. Journalize these transactions on the books of Steve. 2. Journalize these transactions on the books of Phil's Pharm. Steve Phil's Pharm Aug 6th Aug 6th Aug 10th Aug 10th Aug 15th Aug 15th