The following transactions occurred between the Seinfeld Company and Simpson Stores during March of the current year.

Mar. 8 Seinfeld sold $2,600 worth of merchandise to Simpson Stores, terms 2/10, n/30, F.O.B. shipping point. Seinfeld paid freight charges of $40 and added it to the amount of the invoice for the merchandise.

Mar. 12 Simpson Stores returned $200 worth of the merchandise shipped on March 8. Seinfeld issued a credit memo for this amount.

Mar. 17 Seinfeld received full payment for the net amount due from the March 8 sale.

Mar. 20 Simpson Stores returned goods that had been billed originally at $100. Seinfeld issued a cheque.

REQUIRED

Record the above transactions in general journal form as they would appear on

a) the books of Seinfeld Company and b) the books of Simpson Stores. Simpson Stores records purchases at invoice price.