Monty Company buys merchandise on account from Grouper Company for $604. Monty sells the goods to Ellis for $918 cash. Use a tabular summary to record the transactions for Monty Company using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45)) Cash 918 Assets Inv. 604 Liabilities Accts. Common Pay. Stock Common Stock Stockholders' Equity Retained Earnings Rev. 918 918 Exp. Sales revenue Cost of goods sold