The following transactions occurred between Retro Furnishings and DM Furniture Warehouse during July of the current year:

Jul 4 Retro Furnishings purchased $7,200 of merchandise from DM

Furniture Warehouse on account. Terms, 3/15. n/30. FOB shipping point.

The goods cost DM Furniture Warehouse $4,300.

7 Retro Furnishings paid a $450 freight bill for delivery of the goods purchased on July 4.

10 Retro Furnishings returned $1,500 of the merchandise purchased on July 4. The goods cost DM Furniture Warehouse S900.

18 Retro Furnishings paid $3,400 of the July 4 invoice less the discount.

31 Retro Furnishings paid the remaining amount owed on the July 4 invoice.

Requirements

1. Journalize these transactions on the books of Retro Furnishings.

2. Journalize these transactions on the books of DM Furniture Warehouse?