Pharoah Company buys merchandise on account from Flounder Company. The selling price of the goods is $1,450, and the cost of the goods is $1,100. Both companies use perpetual inventory systems. Journalize the transaction on the books of both companies. (Llst all deblt entries before credil entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.)