Given the following, prepare the entries that both the purchaser and seller should record for these transactions. Assume both companies use a perpetual inventory system. a. April 2: Benson Inc.'s merchandise that cost $3,360 was sold to United Corporation for $4,200 under credit terms of 2/30, n/90, FOB shipping point. b. April 13: After negotiations with Benson Inc. concerning problems with the merchandise purchased on April 2, United Corporation received a credit memorandum granting a price reduction of $1,500. c. April 26: United Corporation paid Benson Inc. the balance due. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Please use the '+' and '-' buttons to change the number of accounts (if necessary) for each journal entry. a) United Corporation b) Benson Inc. Date General Journal Account/Explanation F Debit Page GJ3 Credit Date General Journal Account/Explanation Page GJ8 F Debit Credit 2/Apr Merchandise Inventory... 3,360 2/Apr Accounts Receivable, United Corporation. 4,200 + - Accounts Payable, Benson Inc. 3,360 being record of good purchased 13/Apr Accounts Payable, Benson Inc... Sales. record of sale 4,200 1,500 2/Apr Cost Of Goods Sold... 3,360 + Merchandise Inventory... 1,500 Merchandise Inventory... 3,360 received credit memorandum 26/Apr Accounts Payable, Benson Inc... to record cost of goods sold 1,860 13/Apr Sales Returns and Allowances.. 1,500 + Cash cash paid 1,860 Accounts Receivable, United Corporation to record sale return 1,500 26/Apr Cash 2,700 Accounts Receivable, United Corporation cash received 2,700