Rita Company buys merchandise on account from Linus Company for $590. Rita sells the goods to Ellis for $900 cash. Use a tabular summary to record the transactions for Rita Company using a berpetual inventory system. (Enter negative amounts using either a negative sign preceding the number ... 45 or parentheses (45).) Assets Liabilities Stockholders' Equity Accts. Common Retained Earnings Cash + Inv. Pay. + Stock Rev. Exp