Chapter 7 AP-2A Take me to the text Super Shirt Wholesalers spent $10,000 to purchase 1,000 shirts from a shirt manufacturer as inventory. Hip Top Shirt Retailers purchased 1,000 shirts for $15,000 from Super Shirt Wholesalers on March 15, 2019) Payment is due on April 15 Both companies use the perpetual inventory system Do not enter dollar signs or commas in the input boxes Required a) Prepare the joumal entry for Hip Top Shirt Retailers on March 15. Date Account Title and Explanation 2019 Mar 15 Debit Credit Purchased inventory to Prepare the journal entries for Super Shirt Wholesalers on March 15. Record the revenue transaction first. Date Account Title and Explanation 2019 Mar 15 Mar 15 Sold inventory on account $ Cost of goods sold for above sose Debit Credit