Pronghorn Company buys merchandise on account from Culver Company for $640. Pronghorn sells the goods to Ellis for $972 cash. Use a tabular summary to record the transactions for Pronghorn Company using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number eg. -45 or porentheses eg. (45).) Cash Assets Liabilities Accts. Common Stock Inv. Pay. Pronghorn Company buys merchandise on account from Culver Company for $640. onghorn sells the goods to Ellis for $972 cash. Use a tabular summary to record the transactions for Pronghorn Company using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Common Stock eTextbook and Media List of Accountri Stockholders' Equity Rev. Retained Earnings Exp.