Pina Colada Company buys merchandise on account from Pina Colada Corp.. The selling price of the goods is $1,350, and the cost of the goods is $950. Both companies use perpetual inventory systems. Journalize the transaction on the books of both companies. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Pina Colada Company Pina Colada Corp. (To record credit sale) (To record cost of merchandise sold) Debit Credit