Question: please help me with my seatwork a. Silver Co. sold merchandise to Bronze Co. on account, P23,ooo, terms 2/15, net 45. The cost of the

please help me with my seatwork

a. Silver Co. sold merchandise to Bronze Co. on account, P23,ooo, terms 2/15, net 45. The cost of the merchandise sold is P18,500. b. Silver Co. issued a credit memorandum for P2,5oo for merchandise returned that originally cost P1300. c. Bronze Co. paid the invoice within the discount period. Required: 1. Using the perpetual inventory system, journalize the transactions for Silver Co. (seller). J ournalize the same transactions for Bronze Co.(buyer) 2. Using the periodic inventory system, journalize the transactions for Silver Co. (seller). Journalize the 4' same transactions for Bronze Co. (buyer)

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