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Question 5 Prepare the journal entries to record these transactions in (a) Mars's records and...

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Question 5 Prepare the journal entries to record these transactions in (a) Mars's records and (b) Venus's records, June 4 Mars Company purchased $9.000 worth of merchandise, terms 2/10 from Venus Company. The cost of the merchandise was $6,300. June 12 Mars returned $500 worth of goods to Venus for full credit. The goods had a cost of $350 to Venus. June 14 Mars paid the account in full. Assume both companies use the perpetual inventory system You can copy and paste the below table to complete your answers. Have one table for Mars's transactions and one table for Venus's transactions. Make sure to complete the journal entries for both companies. Accounts Debit Credit June 4 Date June 12 June 14

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