Planet Corporation acquired 90 percent of Saturn Company's voting shares of stock in 20X1. During 20X4, Planet purchased 45,000 Playday doghouses for $24 each and sold 30,000 of them to Saturn for $30 each. Saturn sold 23,000 of the doghouses to retall establishments prior to December 31, 20X4, for $45 each. Both companies use perpetual Inventory systems. Required: a. Prepare all journal entries Planet recorded for the purchase of Inventory and resale to Saturn Company In 20X4. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. View transaction list Journal entry worksheet > A B C Record the purchase of inventory. Note: Enter debits before credits. Event 1 General Journal Debit Credit