IS Weygandt, Accounting Principles, 13 Stem Annements Brief Exercise 5-03 Pharoah Company buys merchandise on account from Sheffield Company. The selling price of the goods is $1.180, and the cost of the goods is $140. Both companies use p Journalise the transaction on the books of both companies. (Credit account titles are automatically indented when amount is entered. Do not indent mannelly Account Titles and Explanation Pharoah Company (To record credit purchase of inventory) Sheffield Company (To record credit ale) (to record co m archandise sold Click if you would like to show Work for this questions en She Werk UN TO TEXT LINK TO TEXT