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Based on the Information Below,journalize the Entries for the Seller

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Based on the information below,journalize the entries for the seller and the buyer.Both use a perpetual inventory system. Based on the information below,journalize the entries for the seller and the buyer.Both use a perpetual inventory system.    Based on the information below,journalize the entries for the seller and the buyer.Both use a perpetual inventory system.


Definitions:

Synthetic Systems

Manufacturing system that combines inputs to create a finished product or change it into a different product.

Auto Salvage

The business of dismantling wrecked or decommissioned vehicles to sell their usable parts, often involving recycling processes.

Output

The amount of something produced by a person, machine, business, or industry.

Labor Hour

A unit of work or productivity measurement that equates to one hour of labor performed by an employee.

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