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On October 5. Ayayal Company buys merchandise on account from Lasse Company. The purchase price of the goods is $3,390. On October 20, Ayayai sells

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On October 5. Ayayal Company buys merchandise on account from Lasse Company. The purchase price of the goods is $3,390. On October 20, Ayayai sells all of the merchandise to Thom for $6,110 cash. Use a tabular summary to record the transactions for Ayayal Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (45) Assets Liabilities Cash Inv. Accts. Pay. Oct 5 $ Oct 20 eTextbook and Media Assistance Used List of Accounts Syve for Later Attempts: 0 of 3 used Submit Answer Stockholders' Equity Retained Earnings Exp. Common Stock Rev. $ e Textbook and Media Assistance Used List of Accounts Save for Later Attempts: 0 of 3 used Submit

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