[Solved] Austin's Pub Supply uses the periodic inventory system and the gross method of accounting for sales.The company had the following sales transactions during August: Prepare the journal entries that Austin's Pub Supply must make to record these transactions. Microscope: An instrument used to see objects that are too small to be seen by the naked eye, enhancing the resolution and visual perception of the observer. Oculars: Refers to the eyepieces on microscopes or other optical instruments, aiding in magnification and observation. Physician's Office Laboratory: A small lab located within a physician's office where various tests are performed on-site to aid in the quick diagnosis and treatment of patients. Turnaround Time: The amount of time taken to complete a process, task, or fulfill an order from start to finish.