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Splish, Brothers inc, enters into an agreement on March 1, 2020, to sell aluminum ingots for $380,000 cash to Culver Metai Company. As part of

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Splish, Brothers inc, enters into an agreement on March 1, 2020, to sell aluminum ingots for $380,000 cash to Culver Metai Company. As part of this agreement. Splish Brothers also agrees to repurchase from Culver the ingots in 60 days at the original 5 ales price of $380,000 plus 206 Prepare the journa entry necessary on March 1.2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. if no entry is required, select "No Entry" for the occount titles and enter O for the amounts) eTextbook and Media Prepare the journal entry for the repurchasy of the ingots on May 1,2020 . (Credit account titles are outomatically indented when the amount is entered. Do not indent manvally. If no entry is required, select "No Entry" for the occount titles and enter ofor the amounts)

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