Prepare journal entries to record the following merchandising transactions of Margin Company,which applies the perpetual inventory system.Margin Company offers all of its credit customers credit terms of 2/10,n/30. 
Definitions:
Wheeled Coach
Known as the largest manufacturer of ambulances in the world, highlighting operations management and process efficiency in their production system.
MRP
Material Requirements Planning, a system for managing manufacturing processes through scheduling and inventory control.
Supermarket
A large-self service retail store offering a wide variety of food and household products, organized into aisles.
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