id=11103 Question 2 [20 points] 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. March 7: Vision Consulting Inc.'s merchandise was sold to Allarco Inc. for $5,400 under credit terms of 215, n/90, FOB shipping point. The cost of the merchandise was $4,590 b. March 15. Allarco Inc. paid Vision Consulting 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 (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) Allarco Inc. b) Vision Consulting Inc Date General Journal Account/Explanation Page GJS Debit Credit F Date General Joumal Account/Explanation Page G15 F Debit Credit + +1 + +