Bramble Company buys merchandise on account from Splish Brothers Inc. The selling price of the goods is $1,470, and the cost of the goods is $1.130. Both companies use perpetual inventory systems. Journalize the transaction on the books of both companies. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Bramble Company Splish Brothers Inc. (To record credit sale) Current Attempt in Progress At year-end, the perpetual inventory records of Skysong, Inc. showed merchandise inventory of $121,590. The company determined, however, that its actual inventory on hand was $119,580. Record the necessary adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. In no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit