Question 2 [20 points] Given the following, prepare the entries that both the purchaser and seller should record for these transactions. Assume both companies use a perpetual inventory system. a. May 4: ABC Inc. sold merchandise to Barton Corporation for $9,900 under credit terms of n/90, FOB shipping point. The merchandise had cost $7,920 b. May 27: Barton Corporation paid ABC Inc. the balance due. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Please use the '+' and '-' buttons to change the number of accounts (if necessary) for each journal entry. a) Barton Corporation b) ABC Inc. General Journal Account/Explanation Page GJS F Debit Credit Date General Journal Account/Explanation Page GJ3 F Debit Credit Date + + = += +=