Question 10 View Policies -14 Current Attempt in Progress On August 24, Bridgeport Corporation purchased inventory on account from Sarasota Inc. The selling price of the goods is $34,500 and the cost of goods sold is $13,100. Both companies use perpetual inventory systems. Record the above transactions on the books of both companies. (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 account titles and enter Ofor the amounts.) Bridgeport Corporation (Buyer): Date Account Titles and Explanation Debit Credit Aug. 24 (Purchase of merchandise on account) 2 ENG 8:37 PM 2020-05-21