Journalize the following transactions for both Abbott Co.(seller)and Dalton Co.(buyer).Assume both of the companies use the perpetual inventory system.
Definitions:
Intercalated Discs
Specialized connections between cardiac muscle cells that facilitate the coordinated contraction of the heart.
Cardiac Muscle
Specialized, striated muscle tissue found only in the heart, responsible for contracting and pumping blood throughout the body.
Peristalsis
A sequence of ripple-like muscular contractions that propel food along the digestive system.
Aerobic Respiration
A process that requires large amounts of oxygen and uses glucose to make ATP.
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