Based on the information below, journalize the entries for the Seller and the Buyer. Both use a perpetual inventory system.
Definitions:
Desirable Effects
Positive outcomes or benefits that are sought after or deemed attractive in a given context.
Primary Goals
The main or most important objectives that an individual or organization aims to achieve.
Open Groups
Groups that are characterized by their openness to new members, allowing for fluid membership and participation.
Closed Groups
Groups that have restricted membership and often require an invitation to join, characterized by a fixed set of members.
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