two different companies Vogel corporation

Tools Enhed Midterm Em TB Problem 6-195 (Algo) Two different companies.... Two different companies. Vogel Corporation and Hatcher Corporation entered into the following inventory transactions during December. Both companies se perpetual inventory system using the gross method of recording sales discounts December 3 - Vogel Corporation solo inventory on account to Hatcher Corporation for $499.000 torms 20.30 Theory originally cost Vogel $317000 December 8 - Hatcher Corporation returned inventory to Vogel Corporation for a cred of 5400. Vogol returned this inventory to inventory at its original cost of $2.605 December 12- Hitcher Corporation paid Vogel Corporation for the amount owed Required a. Prepare the journal entries to record these transactions on the books of Vogel Corporation, b. What is the amount of net sales to be reported on Vogel Corporation's income statement c. What is the Vogel Corporation's gross profit percentage? Compiute this question by watering your answers in the tabe below. Heviced A Hecked Required Prepare the journal entries to record these transactions on the books of Vogel Corporation. If no entry is reared for transactieve Journal Entry Retired in the first account bold.) Viewjaantry what Om Jumal Datit Credit