Sales and purchase-related transactions for seller and buyer using perpetual inventory system Journal-Summit Company Journal-Beartooth Co. Instruction Chart of Account Summit Company Chart of Accounts-Bertooth Co. company and Boario Com companies use there method under a perpetua inventory system The towing secrecions were completed during August be A : Sur Company said werchandise on account to Benton Co. 345.000, 00 de 2115, veom. The the good was 120.000 2 Sura Companyart of $1,150 vey of merchandise sold to Betooth Co. on August 1 $ Corpory od marchandise Beartooth Co., 60.000, F e ng neon. The cost of the goods sold was 140,000 B on Copoldo 12.00 on Aug. them on Sun Company 15 Sur Company old marthands c ount to Bertoo Co.156.700 FOS Noong point 45. Sura di o 1,875, which was added to the invoice. The cost of the cold was $35.000 Detooth Capald o nary for purchase of August 1 20 Sum Corpade a s ound of $1.000 for defective merchandise purchased on August 1. Co kept the merchandise 31 Beton Co. pald o nary on court to purchase of August 31 Sur Company Beach Co. a credit for merchandise with a ccount of 11.00h do the Aqust 15 . The cost of the merchandise umed was $2.500 e Auto S company and Deroon Canton Chart Accounts of the po