Based on the information below, journalize the entries for the Seller and the Buyer. Both use a perpetual inventory system.
Definitions:
Polypore
A type of fungus with pores or tubes on the underside, which releases spores.
Microporous Products
Products designed with very small pores that allow for filtration, absorption, or other interactions with particles and fluids at the microscopic level.
Competition
The activity or condition of striving to gain or win something by defeating or establishing superiority over others.
Consolidation
The process of combining multiple entities, assets, or financial statements into a single entity.
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