please do one joirnal entry for the buy and the seller separately thank you!

Required information The following information applies to the questions displayed below.] Co. regularly sells its products to Hudson Company. 3 Gleim made a cash purchase of 1,000 units of inventory for $10 per unit (for a tatal cont of $10,000). 5 Gleim sold 500 units or inventory for $14 per unit (involce totalt $7,000) to Hudeon Co. under eredit teras 2/10,n/60. The goods cost Gleim $5,000. 7 Hudson returns 50 units (invoice amount: $700 ). The unita, which eost cleim $500, are rentored to the 1nventory. 8 Hudson discovers that 50 units are soratehed, but deciden to keep the units. gleim grants Hudaon an allowance of $300 to conpensate for the damage. 15 Hudnon pays Gleim the balance owed. TE: There is a part 1 and part 2 to this question. Part 1 is the journal entries for the seller. Part 2 is the journal ies for the buyer. urnal entries to record the following transactions for Gleim assuming it uses a perpetual inventory system and the gross al entry worksheet hade its first and only purchase of inventory for the period on May 3 for nits at a price of $10 cash per unit (for a total cost of $10,000 )