1 Check my work Planet Corporation acquired 90 percent of Saturn Company's voting shares of stock in 20X1. During 20X4Planet purchased 47,000 Playday doghouses for $33 each and sold 32,000 of them to Saturn for $39 each Saturn sold all of the doghouses to retail establishments prior to December 31, 20x4 for $54 each. Both companies use perpetual inventory systemi Required: a. Prepare the journal entries Planet recorded for the purchase of inventory and resale to Saturn Company in 20x4.cf no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 16 66 points 01:14.50 View transaction list co Journal entry worksheet Print Retorences