Question 3 [20 points] Given the foliowing. prepare the entries that both the purchaser and selier should record for these transactions. Assume both corrpanies use a perretusl inventory aystim. a. October 13: Courtiand Corp. sold merchandise to Gulf Comp. for $7,500 under creda terms of 2/30, ne0, FOB stipping point. The merchandise had cost $8 375 b. October 30: Gulf Coxp. paid Courtiand Corp, the balance due. Please use the "*" and "* buttons to change the numbor of accounts (if necessary for each journal entry. a) Gulf Corp b) Courtland Corp